Obama Plans to Forgive Mortgages?

Thursday, January 5, 2012

From today’s Rush Limbaugh show:

I have been waiting to see if this gets reported. It has not been reported. It’s not gone beyond where I first saw it. Well, I take it back. It has appeared in one other place. Our old buddy James Pethokoukis, who writes at Reuters and some other places, has discovered that one of the objectives Obama has with all these recess appointments is to — brace yourself here — essentially, when you strip it all away, if this happens, what Obama is planning on doing is essentially forgiving all mortgages.

There are some requirements. You have to be paying on your mortgage, you have to be three months current, but Obama is going to just wave a magic wand and allow people to refinance their mortgages, essentially cutting hundreds of dollars off of the monthly payment. This will cost $1.2 trillion and, as always, it is those of you who don’t have a mortgage or who will not qualify for this plan who will be paying for it. This is buying an election in one fell swoop. (interruption) What? What quote from yesterday? Oh. Well, everybody’s saying, even Rove is out there saying it’s not a smart move to spend 20 minutes on stage with McCain if you are Romney having McCain endorse you. It’s really not a smart move. That 20 minutes on Hannity last night. I don’t know who they think are, I just don’t know. I don’t know how they think they’re helping themselves. But don’t get sidetracked here.

Folks, it may not matter who the nominee is. It may not matter about the primaries. It may not matter about any polling data. We have a president who’s cutting the defense budget now. His priorities are winning the future, paying off his wacko donors and weakening national security in the process, proudly saying that it’s about time we pared down to the point where we can only fight one ground war at a time. The idea that we should be able to fight two ground wars at a time is excessive and unnecessary, so we’re cutting the defense budget. All of this is predictable, by the way. There is a plan afoot by virtue of these recess appointments, it’s a little bit more complicated, but the bottom line is, in terms of perception, the perception is going to be on the part of people that Obama is forgiving their mortgages.

The perception and the way it’s gonna be reported — this is not really what’s gonna happen — but the way it’s gonna be reported and the way people are gonna be made to feel is that Obama is fixing their mortgage. He’s fixing the fact that their house is underwater. He is going to lower their monthly payment, the banks, the rich guys are gonna take the hit on it, millionaires and so forth. Your house is going to have value again. In one fell swoop with an executive order, we’re gonna fix the housing problem. We’re gonna bring value back to everybody’s number one asset. Now, if that happens, and if it’s reported that way, then all the rest of this is irrelevant. You go out and basically, as president, make it possible for people’s mortgages to be paid much cheaper, the value of their home restored just with a wave of your magic wand, who’s going to vote against that, who is going to vote against the guy that makes that happen? That’s the plan.

Now, it’s not guaranteed that it’s going to happen. If it does, the monthly mortgage payment of people affected would fall by an average of $355 a month for Obama’s constituents. That is not insignificant. For a lot of people, that’s close to the payment we’re talking about here. For a lot of people it’s half the payment. It’s not insignificant. You reduce people’s monthly payment by 400 bucks, just by waving the magic wand, and there’s one guy who did it. Obama. I want to take you back to some of the early town halls after the guy was elected over in Tampa, there’s this woman saying, “Where’s my new kitchen? Where’s my new car?” Well, here it comes. Election year 2012. But instead of a new kitchen and a new car, hey, guess what? Here’s your mortgage, refinanced, totally affordable as it should have been in the first place. The banks were ripping you off. The banks were overcharging you, but I am making your mortgage affordable and the value of your home is now worth something.

And who’s gonna stop it? Who? Nobody! (interruption) Of course, they’re gonna have to. What do you mean, “The banks are gonna grab the ankles on this”? The banks have been grabbing the ankles ever since the Community Redevelopment Act! The military is grabbing the ankles on cutting themselves. McCain’s grabbing the ankles. (impression) “We don’t call anybody ‘liars’ in politics! It’s not how we do it, unless you have incontrovertible proof,” and we don’t really want to say the country’s “screwed.” That’s just not presidential. So while we’re sitting here worried about semantics and “sounding presidential,” we’ve got a guy who is living and behaving outside the Constitution! We have a lawless regime, here.

It’s the same thing with the jobless numbers. I warned you. I warned you back in December, “Get ready,” and, lo and behold, all it’s taken is one month for it to come true. The new jobless numbers are out and, “Look! Ho, gee! Are we in Fat City? Why, everybody is going back to work. The economy, it’s rebounded!” So it’s a lot to deal with here, and I’ll put all this in a semblance of order and give you the details of this. The mortgage thing is not guaranteed to happen. I don’t want to say it’s a fait accompli. I just want to tell you it’s what’s planned. This would be the mother of all stimulus bills. They’re calling this the Home Assistance Refinancing Program 2.0.

The Home Assistance Refinancing Program, HARP (HARP 1.0) failed! It didn’t work. They’re going back and they’re gonna do it again. They’re calling it HARP 2.0. So we have a president who has gone rogue. Even yesterday in Ohio to set this up, Obama at his town hall meeting repeated his lie that the banks tricked people into getting bad mortgages. The banks tricked people, lured them in, and that’s not at all what happened. The government is responsible for the subprime mortgage crisis as you well know because you’re a devoted and regular listener to the program. But this is all set up yesterday with Obama in Ohio.

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deacon

I believe the RomanEmperor Hadrian did somewhat of the same thing, only to help bankrupt the empire more.

http://lowcountry Evermyrtle

It would be fine if the money came out of his pocket but no, it is coming out of our pockets. He is so ever so generous with our money, make all of those mortgage payers love him “the “KING OF KINDNESS.” More votes, for him!!! He will soon have enough racked up, he hopes, to make him the president again… we need to get him out this week not in November or January 1, 2013. I am just so afraid we can’t last that long as a free nation.

Wayne

Hopefully there are more responsible people than irresponsible people that will be voting. He is doing this in order to help his election. Let’s vote this Communist right out of the White House this November. There is not anyway that folks who are responsible should have to pay for those who have not been responsible. I’m sick and tired of carrying the weight of those who are not responsible and this so called president is not responsible either.

http://Facebook Que Dub

This is no help for us who lost our jobs. The last one that “thing” had was no good for the jobless also.

paul

Don’t count on it ! all the dead beats, illegal’s. welfare recieptents will vote him in in a new york minute while as usual the people who work and are financially responsible will get the screwing once again.

http://N/A JOHN F. THOMAS

I hate to appear stupid, but where in the world are the citizens of this country?? Cloud nine??? Where are all of our representatives…in both parties?? On
resess again? who the hell is going to stop this madness?? Haven’t anyone in Congress or the Senate ever heard of Impeachment?? Has Obama sent is goons among them with threats of death…or even worse..not assign them to a lucrative committee…OBAMA MUST BE STOPPED NOW….JFT

Kate

On their cell phones, Ipods, video games, watching reality TV. Most of them don’t know or care an election is coming in November, don’t know or care who the Republican nominees are.

lh

That’s what community organizers do best use other peoples money. If they had to really work for a living maybe they wouldn’t be so eager to use other peoples money. As Margaret Thatcher said Socialism is great until you run out of other peoples money. I would say this president is using executive order which to me is the greatest form of Socialism. Executive Order needs to be stopped forever. The only way Executive Order should even be used is if there is a check and balance put in place. That would possibly be when a president plans on using it there should be at least 2 democrats 2 republicans from the senate 2 democrats 2 republicans from congress, all names drawn and voted on. If it comes out that 6 votes against the presidents executive order that stands…… Some thing has to be done about Executive Orders ……. Our country is not a Socialist country and this president is using executive order to run our country like a Socialist country and it has to be stopped……

Obama is already out… because s/he/it (you tell me) was never legally “in”.

We the People need to apply so much pressure, our “representatives” fear US far more than they fear their “party”, or O’Dingo!

Gee, just heard that the whiteOUThouse is proposing PAY RAISES FOR FEDERAL (FERAL) EMPLOYEES! WHAT THE STINKIN’ HECK!?!?!

outspoken

Hey, he is only thinking ahead…..by lowering your mortgage he will then stop the deductions taking on taxes and increase taxes…..we will end up paying more to the government then the cut in mortgages to the banks. It’s called ending free market system and making everyone owe the government!

lh

I really do hate to inform you, but he is going to tax us any way. This is only one more gimmick to get re-elected and it will probably work. People that want some thing for nothing will always fall for the all mighty gimmick. There is nothing free in life, someone else will always pay for that so called free stuff. It is usually you and me.

http://www.patriotactionnetwork.net Shane

Yes, Obama thinks of himself as an enlightened monarch who will forgive the debts of his subjects who worship him so. Comrade Obambi will do whatever is necessary to win a second term, even if it means bribing voters and bankrupting the federal government.

pattz15

You certainly are right. I am convinced we can’t wait for the election. The country will be totally his (Like dictator) He will use bribarie for sure. He is as corrupt as they come.

http://facebook Ruby Franks

Amen vote him out

http://lowcountry Evermyrtle

Why is he doing that for??? Buying votes with our money???

Paul Wilkes

Because it has become the American way.

http://lowcountry Evermyrtle

I am convinced Nov. 2012 will be too late!!!!
Things are going down too fast!!!

stevor

I’m not sure we’ll even make it to the elections. Maybe the plan is to promise this, to get people to think he’s for them, but before it happens (Bush’s fault again?) we’ll get into WWIII or something that will “prevent it” but with his new popularity, it won’t matter that he is FINALLY PROVEN to be a fraud. Then with WWIII going on, sheeple will gladly throw out the constitution. Then with that power in his back pocket, he’ll be able to get the lemmings to acquiesce to his New World Order.

ConstitutionalConservative

There is a very prophetic book entitled “Behold A Pale Horse” that discusses our descent into the “New World Order” and how we will live under that protocol. I found my copy at Amazon.com

lh

You are right, they are already saying that he is up to something and that everyone will fallow him down that little bread crumb path just like Hansel and Gretal. And then when we are in full fledge socialism all those poor ignorant soles will look at each other and say what happened. Well what happened is you were all to stupid to look through the forrest for the trees. Enjoy socialism folks.

ConstitutionalConservative

This is the third year of “The One’s” reign over the “Culture of Corruption”, and his descretionary spending is reflected here http://usdebtclock.org/

http://facebook Ruby Franks

We got to get him out and it will take everyone to VOTE against him , so please everyone VOTE him out

Wayne

I don’t see how anyone can uphold Obama. He is ruining this country and the Democrats appear to worship this idiot I watch Fox News a lot. They have a few democratic Fox News Contributors who thinks the sun rise and sets on this Communist. Bob Beckel is one of them. There are many more as well.

http://patriotupdate.com Raymond

An elderly man suffered a massive heart attack. The family drove
wildly to get him to the emergency room. After what seemed like a
very long wait, the ER doctor appeared wearing his scrubs and a
long face. Sadly, he said, “I’m afraid Grandpa is brain-dead, but
his heart is still beating.”

“Oh, Dear God,” cried his wife, her hands clasped against her
cheeks with shock.

“We’ve never had a Democrat in the family before!”

Retired Marine MSgt in Marana, Az

Raymond,

That’s one of your very best!

Keep it up!

LOL

http://lowcountry Evermyrtle

You can always depend on Raymond!!!!!

2nd Ammendment Patriot

Raymond,

You never cease to amaze me with your awesom quotes and comments. You rock!

Keith

Neb Selim

That is a great one Raymond! Keep us smiling!

Ronald Anders

Well done. This could also be used for arch-rival sports teams jokes. Where I come from, the last line in that case would read: “We’ve never had a Clemson fan in the family before!”

fliteking

Obama’s last mortgage plan was a DISASTER. Any indicators this one will be better? Nah, he is using this empty promise to “buy votes” .

comsense08

Anything the government touches is messed up, period. This is not a good thing for anyone!

Lane

Wonder why he doesn’t go ahead and forgive all the mortgages to those who unwisely got theirselves in this position? We are already giving free housing to most of the others, so why not asswign the houses to low or no income people. Soon they will be like the rest of the free housing, ruined and ready to be torn down. Then bulldoze, and let someone build that can afford to pay a mortgage. Won’t take long!

nctar

I wouldn’t sell my soul for a vote, I’ll keep my mortgage thank you.

Carol McSwain

I have never taken anything from the government but gee, I am white, but do you think I could get my mortgage forgiven? Maybe I’ll get in line. What’s one more blood sucker when you’re trying to gain control of a nation. Heck, with all the insanity in Washington bankruptcy seems like the sane thing to do! What a bunch of loons! I say get this wicked man out of our White House! This guy really is nuts! That is the only thing that makes any sense! NO TO OBAMANATION IN 2012!!!!

Diane

He’s not nuts….he’s crazy! Crazy like a fox. He is really scary!

http://pjtv.com skip gainer

I believe this is buying votes. What about the people who have played by the rules and not over extended ourselves. Is obarry boy going to be fair and give everyone an equal break? I could use a couple of hundreds of thousands dollars for free too. Or is obarry boy just going to give it to the spoiled stupid ones who rolled the dice and they came up snake eyes.

John S.

Instead of taking care of the bigger problem, the economy, Obama sidesteps the economy with healthcare overhaul and now this. TAKE IT TO THIS BASTARD! If people have more money in their pockets Ie tax cuts this is a moot point!

Regina

Well, After working for 47 years I was hoping I could get my mortgage paid off and enjoy life taking it easy, I know I am not on the list to have mine paid off by the obama syndicate, but when he pays off the mortgages of his constituency I will have to work for the next 47 years. oh…bummer

http://brucefeher.typepad.com Bruce Feher

I ran into my congress critter yesterday and she GAVE me a tube of lip gloss with her BS on it. I like this much better, I only wish I bought a bigger, nicer home!

Richard

By forgiving the mortgages it doesn’t help the economy, it just puts us a lot more into debt. I rather see these homes rented out at a fair market value, and maintained until the market turns around.

Old Veteran

I find it very hard to see Obummer “getting” votes for this. There are many more who don’t need this help and THEY will be upset to know THEIR TAX DOLLARS will get Obummer votes. How many of the “forgiven” would like to have a job? How many “curse” fannie Mae and Freddie Mac for causing this housing mess? This “ploy” is a class divider and those who pay taxes and keep up with their home payments will be upset. But then I believe Obummer does not care.

CO.40S&W

The Dictator from Kenya doesn’t need the votes from Congress. He just creates an Executive Order and presto, it’s now the law of the land. We’re all in deep poop!

LEONARD

DON’T FORGET THE COCKSUCKER,BARNEY FRANK. HE HAD A LOT TO DO WITH THE SUB PRIME MESS.

, the Outlaw Josie Wales

I like to hear a person say what is on his mind….Carry on good friend…..

AlleyOops75

The democrats already have 47% of the population beholden to them; just think how many more will be added if they get their existing mortgages paid. This guy has to be called to task and challenged. He has the most corrupt Justice Department on record and Holder just smiles as the Senate committee grills him on the Mexican gun deal.

Nancy

this is disgusting….

Richard Popovich

Nancy: If you are talking about the vulgar remarks that some leave on this website I certainly agree with you. It seems as though the webmaster isn’t doing his job of editing out, or blocking this stuff. Folks, you just don’t have to use vulgarities to make a point. Most people do not want to read it!

http://NA Ross Hawkins

Maybe it’s not nice to call Barney Frank what he is. But we’re going to be paying his
pension for maybe the next twenty years.

Still feel like calling Barney nice names?

Johnnygard

NO, but how about bad names that are rated PG?

Richard Popovich

On Police Departments we call people like BF “Maggots.” I can live with that term, and it is descriptive.

lh

Nancy: What is disgusting is how this man has out smarted everyone. He has calculated every move he has made right down to the exact minute in time. He is going to win a second term no matter what it takes or cost the American people. He is very brilliant and people will fall for this hook line and sinker!!!!!! Just keep in mind no one can say anything against him because they will be afraid they will be called a racist!!!!! The only one that is racist is he himself playing the race card he needs to look in the mirror!!!!

mij greb

The election should actually be discussed in terms of we, the voters, are actually the bank giving out the loans to the elected officials by our votes. If we elect them we give them the power to draw down the credit we give them.

So, as we approach each candidate for re-election, we should consider their past loan performance. Did they use these loans without budgets for years, without regard to the ability to repay, without regard to the constitutionality of the purchases)?

As bankers considering applications from these candidates, we should consider that our elected officials (every one of them from any party) are asking us to loan them more money by voting for them.

We must make our loan application final decisions based on the applicant’s qualification for the loan (vote). The result under sound underwriting principles would be they all get fired (except a very few led by Paul Ryan).

Carolyn Elliott

Obama is unbelievable. He will go to any lengths to win the election. He should have had his true birth checked a long time ago. We all need to rise up if he does this and not let him do this with out a lot and I mean alot of loud protest about it. We cannot idly stand by and say nothing and let all the ignorant people buy into this.

Lane

If by chance, Mr. Obama wins in November, (and I am afraid he will, no conservative Republicans with gumption) we as one people are going to have to march on Washington by the many MILLIONS. This will mean taking off from work and making great sacrifice, and stay until things CHANGE!

gayle

could there possiblity be that he will own your home later on? I don’t trust this guy..I would rather make payments then be involved in his crap, most likely will blow up in your face.. He is so deceiful, he will never tell you the whole truth..

Mark

Corrupt vote-buying at it’s best!

Steve

How is this Constitutional…as if Obama cares about the Constitution….Do Republicans get to forgive all real estate taxes?

Kevin

Why not “King” Obama can do what ever he wants…just ask him he’ll tell you…and Congress, and anybody else who will listen.

danm3096

The greatest shameful act of lunacy ever committed on planet earth was the allowing of barak obama to be seated at the head of the government of The United States of America. He (barak obama)is the most corrupt dirt bag ever to come on our shores. And what sickens one to his or her heart is the fact that we must have in our midst the most mindless idiots ever to walk who put him there and has allowed him to remain there this long.

AnyoneButObama

Has this society gone stark raving mad??? I can’t believe ANYONE would even think of suggesting such a plan. THERE ARE NO FREE LUNCHES PEOPLE. Where is the moral compass? If this president actually promotes something like this, he will have sunk to a new low.

joel smoyer

GIT HIM OUT NOW, WE ARE NEVER GOING TO, TILL PEOPLE WAKE UP THEY ARE STILL ASLEEP WAKE UP FOLKS NOW/NOW

Nevada Brit

It’s easy to buy the votes of the bots and useful idiots. You steal the money from the taxpayers and redistribute it. Besides, the Fed can always print more money and eventually the illuminati will get it all back, plus your life.

Doodlebug

will someone please put this JA in his proper place and that is not the WH – try Kenya!

Kathleen

Obama thrives on tactics and ploys. Remember the help he gave us with the small business loans, not to many people were eligible, he takes away from the military and forgives mortgages, that does’nt make sense. Cant we put him on a slow boat to China,lets make sure the drywall in the boat was made in China, he can visit his step-brother in china. Maybe he should return all the light bulbs to china, bring ours back. They certainly are pricey. The all american company Kodak, is probably going bankrupt because of these light bulbs. What about Target, they are sending money back to France? Macy’s, here in Ohio is closing a few stores. We are making jobs, I dont think so, jobs are being lost. Obama us americans are not dumb, go home, where ever that is.

carpkiller

I just watched him make a very subdued statement about 2 weeks ago. It doesn’t matter who you run against me. meaning the GOP.I would say this should take care of any doubt now. This and that and the fraud, he wins. These so called statesmen better get off there ass and get rid of him before votes are cast.

mkjewel

I think this a a distraction from the audit of the fed. Appeasement

Sandy Skrehot

I don’t understand why the debt needs to be forgiven. I have a solution. Modify the original note. If someone can’t afford their current payments. Calculate the existing balance, lower the payment to a number the owner can afford, but don’t forgive the debt, lengthen the term of the loan to cover the remaining debt. Then, no one is getting anything. The owner is just being given the opportunity to keep their home by reducing their payment and increasing the time it takes to pay off the current balance.

JG

Which is exactly what this plan is proposing to do.

Walter D. Shutter, Jr.

Don’t look now, Sandy, but i believe that is the plan, except that instead of increasing the mortgage period-say from 30 years to 60 years-all of the Fannie Mae and Freddie Mac mortgages will have their interest rates reduced to 4%. This could result in an average reduction of these monthly mortgage payments by $400. Unfortunatly, these Fannie Mae and Freddie Mac mortgages are owned by the government, i.e., the taxpayers, and the interest income lost to the government will balloon the deficit by billions of dollars.

gofigure

Obama Never does what he says. I have a mortgage. Believe me, I am NOT holding my breath.

Zeek

Why is anyone surprised? Interest on loaned money violates the laws of Allah.

Sick of Barry

When O when will someone put the handcuffs on this idiot President and haul him off. Every day it’s something new with him that is totally criminal. How is he even allowed to breath American air!!! This poser makes me sick!!!!!!!!!!!!!

big wyo

I don’t know what is up but it is very evident that barry has no intention of the US government existing past 2012 as we know it. Every indication points to some calamity or collapse. Hang on hunker down and get tough when the government doesn’t expect a future it’s about to hit the fan

http://www.copybymarte.com Marte

So… is he also going to buy back all the homes that already went into foreclosure – and give them back to the previous owners?

This might buy votes from some – but should make some others (in that same adoring group) mad as hell.

We need a good conservative Community Organizer to get out there and make sure EVERYONE knows what this fraud is up to.

JG

It can’t be such a bad idea-it comes directly from Mitt Romney’s (and George Bush’s) economic advisor Glenn Hubbard.

rowley

I can not afford to have a home and so I and my grandchildren and great grandchildren will never be able to have a home because we will be paying taxes to give Obama’s voters, who are better off than we are. Obama keeps his Power and his voters have a home we are paying for. Thats taking from the poor to give to those homeowners that vote for DEMs.

gramjude

Maybe if each of us file for bankruptcy
at once, would that not put a snag into
their spending problem. All our money
would be tied up in court….
Could you just imagine within 1-2 weeks
that over 150 million people went bankrupt?
What then? Another executive order????

gramjude

or – 150 million stop paying their taxes..
class action suit against the federal
government???

DH

This illegal alien marxist has been out to bankrupt the country ever since taking office. He will get re-elected just by giving away the company store. Before he got elected blacks were saying Obama was going to buy them a new car, a new house, pay their bills. I just couldn’t get myself to believe, But now.

Disgusted

Can no one see that after the election of Obama, the government began its blitz on this country to take it down right away?

It doesn’t matter because they are going to do what they are going to do no matter what any of us think and the election will be rigged and the country and constitution will be officially gone without a shot fired.

Kruschev was right. This country was destroyed from within. And for what?

Ann C

But please remember that we-the-people of the USA have the best form of government on earth, and all we need do is be cautious, watchful, prayerful, and every one of us get up out of our chairs Nov.2012, and VOTE that tyrant out of office.
The American spirit cannot be crushed by this Muslim, anti-American, illegal-for-office tyrant.
Never, ever will we be crushed by him! STAY STRONG, FOLKS! Struggles ahead, but keep contacting your members of Congress. Write letters to the editor of your local papers. Inform, as best you can, the facts we learn from these marvelous conservative news sources. We have work to do, and we need to get cracking on it straightaway!!
God bless America. God bless each and every one of you for your love of our country and all it did, does and will stand for.

dianna

I would love to have my mortgage lowered but I do not TRUST anything Obama says or the GOVERNMENT DOES~

Meathead

I haven’t had a mortgage for the last 27 years, so it looks like I’ll be helping pay some other folks’ mortgages. Gee, ain’t socialism great? How do I get more of it?

http://Facebook Que Dub

Nobody like nobbamma was president back then either.

Darryl

The United States’ Hugo Chavez. He is a clever son-of-a-bitch.

Darryl

There is no moderation!!!!!!!!!!!!!!!!!

aeroguy48

Making banks take the hit will collapse them ala Clower-pivens

The Truth

This is BS! I saved my money and did buy a house in hopes of getting one in a few years. I am not willing to pay for other people’s mortgagaes. obama, take a long walk off a short pier!

The Truth

Sorry, meant: did not buy a house.

David James

Anyone with half a brain can see where this is going to lead to. May I suggest to everyone that they and every member of their family get a up to date passport, open an overseas bank account and if possible sell their home while moving the money overseas and just rent. Pretty soon your going to be glad you did.

Joe

Left, Right, Conservative or Liberal. In the end their mostly all the same (politiians)Why should artist give a crap who uses their song as long as they`re getting airplay.

Jack

Refinancing is not eliminating or forgiving a debt, it is just extending it out longer.

That’s what Obama’s programs do, just refinance for a longer term, so in the long run you pay lots more. Short term payments may drop a little.

The big reason his making homes affordable plan is failing, is because there is not enough gainful employment left in this country, therefore it doesn’t matter if people’s mortgage payment was $1 a month, with no job….no $1 to pay with.

Cobra

Who died and made this SOB GOd?

frustrated American

Nope, he’s not helping most blacks, either. Only his corrupt henchmen and money launderers. Look at the story about the middle school in his home town that he promised to help get running water and electricity in Kogelo, Kenya. He didn’t keep his promise to them either so they outed his lies.

Al Barrs

Barack Obama, II is clearly a communist revolutionary in the shadow of Alensky and William Ayers. His objective is the same as progressive Abraham Lincoln’s was, destroy the economy of a nation by raising tariffs on one region to fund another region’s effort to build an American Industrial Revolution and when their plan goes haywire rush in to “preserve the Union” with military force.

No one knows anything about Barack Obama,II and I predict he will be outed AFTER he destroys the economy and leaves the Whitehouse and will be tried for treason and a laundry list of constitutional and Bill of Rights violations.

Richard Popovich

We currently own a home that was hit hard when the housing market crashed, and we now we are upside down in the mortgage, and we have been paying on it for twelve years with no late payments. It is becoming a burden due to the fact that not only the property took a severe hit as far as its value, but between inflation and the fact that my wife’s salary has been cut about 15%, it makes our situation even worse.

But there is no reason why Obama has to dream-up some new socialist scheme that will cause even more instability, inflation, and creation of some new government agency that will just make our economic situation worse. and

Sure,… I would like to be paying 4% on a loan instead of the current 7.4% that we are paying now, but that is between the owner and the lender, not between the lender and Obama acting as a mediator between the bank and us. We are the ones that signed the mortgage papers, and we are responsible for honoring that commitment.

What has to happen to straighten this mess out is to reduce the size of government, reduce spending, and have Congress take back their constitutional responsibility of managing our money supply. That is what is needed to straighten out our problems and restore our economic solvency and strength.

This Keynesian theory of spending ourselves rich has been a proven failure since 1912 when Woodrow Wilson started the Federal Reserve Bank, and progressive politics. If it hasn’t worked over the past hundred years, it makes sense that it will never work in the future. Yet we continue doing it, making the same mistakes over and over. That is the height of either insanity, or treason, and since the powers that be know better… you fill in the blanks!

Penny. If he were impeached, The Senate would not approve it. You need a 2/3 majority to do that. So why waste your time if it will never happen. Now, he could be ARRESTED by Congress. Problem is, they are all the same club. Romney, McCain,Gingrich, Santorum, etc are all bought and paid for by the World Banks and the Federal Reserve Board. Ron Paul is the only Constitutional man running. What I don’t understand is how so many Republicans have voted for Romney. Look at his voting record. He is a left wing Rino.

givedemsadirtnap

I would have voted for Ron Paul until I found out he is anti-Israeli and in a huge way!! There are more things to consider in a president than just about the money thing.If America re-elects Obama regardless who the other guy, we can all agree that we sank our own ship!

Rick

MORON

Johnnygard

lonetrader, My copy of the constitution says that a sitting president CAN’T be arrested. Congress can remove him ONLY if he is impeached and convicted. (Get him to stand up, then arrest him?)

Jana

Why yes, you are correct! It appears that the GOP candidates are creating all this confusion, fighting, slinging mud.. a lot more than ever before.. Has it crossed anyone’s mind that it’s being done on purpose to distract us from what’s going on behind the scenes? Do you think perhaps this is all one great big set up by the powers that be to make sure there is enough chaos & confusion that the people can’t see?

Rick

No, the house impeaches, ot is then the duty of the senate to convict. If the Senate convicts him of gigh crimes or treason, then he will be removed from office. Bill Clinton was impeached, but stayed in office.

Glo

As I’ve said before; too many “wimps” in Congress. It makes one wonder what Obama has on them.

Michael

Those mighty elected officials will never take such an initiative if we, The People, do not continually tell them to do so. Write your rep and let him/her know how you feel.

Jim Payne

@Michael. Your Representative don’t give a damn what you think!! Put pen and paper to this: Just how much of a hole would it put in Saudi Arabia’s budget if they could donate $535 Billion dollars to Obama’s campaign? That much wouldn’t make a dent in Saudi’s budget. We have 535 Representatives and Senators–right? Just how many of those 535 Representatives and Senators could be bought for a billion dollars or less? Now do you understand why Saudi doesn’t need to maintain a viable military force? Ask yourself why Obama and Congress and the Senate so willingly placed the Head of the National Guard on the Joint Chiefs of Staff the other day–the first step in stealing the National Guard (State Militia) from the 50 Governors. Surely, every congressman up there is smart enough to realize this–but they did it! Some previous comment asked the question “What does Obummmer have on our Congressmen to make them go along with his step-by-step, deliberate destruction of our Nation? Well, there’s your answer: Saudi Arabia can BUY anybody they want! They can buy all the campaign advertisement they want. They can have the liberal lamestream media print ANYTHING they want. And the lazy, apathetic voters of this country suck it up hook, line and sinker. I’ll see you and them in HELL ’cause I ain’t going down quietly.

http://windstream Sandra Leathers

Makes me wonder who is calling the shots. I believe it is probably the NWO. I think the good guys have been threatened, Why else would they let all this happen? Also have any of you noticed that Sara Palin isn’t saying much? She was so gung ho, and now we barely hear from her. Did somebody get to her too? Please watch this video.http://www.youtube.com/watch?v=ibMNJA2cvgM It is very short. Be sure you can hear what he says.

roy

Mary they have pulled the video allready, the Socialist Nazi computer police don’t want people to see it. They hide the truth whenever it show’s the Demarat Socialist pig’s and what they are doing.

http://Yahoo Val

What the hell is wrong with the People we have put into the Senate/Congress/Supreme Court,Governors/Mayors ETC/ETC. Have they forgotten why they are there ? are they aware who pays their paychecks,Insurance/Retirement ????? WE the People do. They are there to protect the US Citizens from criminal like Obama and the awful vermin he has appointed to support him. They are there to up hold OUR US Constitution. !! HELLO ! HELLO ! are you cowards or what.? YOU CAN and will be FIRED if you don’t come to the aide of your countrymen, and soon…

Jana

They aren’t wimps…They are all part of it! Part of the plan!

icetrout

Holder & the DOJ have his back. Like to see both of those traitors with broken-backs.Oh that’s right Obama is a brokeback. :O

PE

It is really just one big ‘Party’; an oligarchy masquerading as two distinct social assemblies, so as to make the general public believe they have genuine choice. P.J. Gimli.

http://windstream Sandra Leathers

Mountain.lol

brother jack

simple he ownes the playing field..that we
the people once had…the most advanc3ed intelligence force in the world knows the
truth…but their boss bhoo hast to be protected..its their duty……

Martha

Better yet, why haven’t the sorry assed Congressmen and Senators that we sent to Washington Nov. 2010 got their asses back to Washington? They don’t listen to the news when they vacation for the 10th time since they’ve been in office? I am sick of the whole bunch in Washington that are not doing the job they are paid to do. I know Biden would be a poor excuse for a President, but I swear I think a reward ought to be offered for someone to ‘get rid’ of Obama. It’s for dang sure Congress is not.

mjo wisconsin

the newest congressmen and senators went to washington to stop this. they are screaming.
fighting. standing up. the press doesn’t cover it.
google ron johnson, mark rubio–start there.
congress isn’t broken. they are trying to stop him, at every turn, every chance they get.
that’s the constitutional balance of power, which obama circumvents with “recess” appointments like this one. so obama yells congress is broken but that HE’ll save us, no matter what. we don’t need to abolish the governnemt. that’s obama’s spin. like occupy wall street–when those rich ceo’s were his backers, wink wink. keep your eye on the real enemy.

Devil Dog, USMC DAV

So what do you expect from a house of representatves that have their hands tied by reid and his crony socialist senate that does nothing but block whatever the house brings before them, like 40 bills that are tabled because the fraud,reid is the “ruler” of the senate as is this disgrace we have in the white house. How can a trully American vote for dumbo and his crony chicago gangsters that he put in power when the congress was on recess, and have a clear conscience—–sorry, no way. is the stupid kids , on drugs that believe their profs who ASO are on drugs, and did NOTHING for this country still believe this a****** who is a traitor to this country, never served, and the kids and I must sorrily say, some seniors, who have dementia, and cannot understand what is really going on with this a******. And I am one of those seniors, that understand the truth, and not the propaganda this idiot is putting out. It makeds me sick.

Carol Goodwin

Martha and everyone: did you not hear Charles Barkley complaining that Congress shuts Obama down on EV-ER-Y THING that Obama says or thinks! That is why he is taking his executive perogative in issuing orders! In my eyes he is a little piss-ant shouting at people to do his bidding! I really do not know why they just do not slap the cuffs and or a straight jacket on him and usher him out!

http://Yahoo Val

Martha, at least Biden would be Over joyed to go on vacation at Disneyland (he has the IQ of a 12 year old).WE could save $$ there !

EnoughStupidity

Because the damn Democrates still control the Senate and you cannot get the impeachment past them so move to rid them then push the GOP to what you want.

BHUDDA

If you impeach the SOB you are calling him a LEGAL bonified president . So lets see him arrested in the oval office and taken to gitmo to be tried for trying to over throw the government and all his left wing endorcers and Chicago cronies tried with him along with government fraud and a few more charges .If found guilty , he can be stripped of his wealth deported after serving prisen terms at Gitmo.

debby

i told peopl has was an imposter and i am a member of 2 tea party groups. we need to all vote him out next year.get involved with a tea party group or liberty group and we can make a difference. i and my grandson weat to glenn becks 8-28 and there were at least 8,000 of us there we need to plan a huge gathering in washington asnd we should be knocking on doors and getting everyone involved deb

CelticGyrl

Exactly true~you can’t impeach someone whose not legitimate in the first place, which I firmly believe Obama is NOT! I say we make sure he’s fired in Nov. then bring criminal charges against him and Holder,Napolitano,etc…Try them in court and sentence them to prison~treason would be my first charge!

Jill

It is simple because the American people have no backbone. This is our country and we are letting the banks run this lovely country of ours. The government is supposed to work for us not the other way around. We don’t have the intestinal fortitude to stand up for our rights as humans to decide what we want to do for ourselves. Too many want a mommy government to tell them what to do and therefore we have what we have and we allow people like the banks to control everything. It doesn’t matter if it is a democrat or republican, black or white, muslim or christian, jew or atheist. That is not the issue here. The issue is we the American people have allowed the Federal Reserve Bank (which is privately owned) run this country. It is time to take it back. My opinion as far as presidents is Ron Paul as he reminds me of JFK. JFK might not have started off on the right foot but when he started learning what was going on and telling everyone what was going on they managed to dispose of him as they didn’t want their plan ruined. Think about it, if you don’t believe me look it up. Look up his speech prior to his murder.

givedemsadirtnap

Ron Paul is ANTI_ISRAEL, he is not even an option! If America turns our backs on the Jews, God turns his back on America!

Icarealot

The House of Representatives is the one who starts the impeachment process. The Judiciary committee is the one who file the papers for it. http://judiciary.house.gov/about/accomplishments11.html
Check it out! We can email, fax and call and let them no we are not going to stand for this! He is using this as a tool to buy votes! What about the people who lost their homes, what about the people who are trying but behind on their payments, they don’t qualify. He’s trying to BUY your vote! This cannot be legal!

Bobbo

Because they will keep knocking us senseless until someone decides to go off, and than they will declare martial law. The Whitehouse probably can’t believe it hasn’t happened yet. We are one complacent society. Eventually, it will go off.

http://Patric Luchia

Because we’ve become too complacent, we’re waiting for someone else to stir things up and do the dirty work for us. We all have our own problems and live in our own little bubble, waiting for our hero to come forth and slay the barbarians.

http://windstream Sandra Leathers

Well, I don’t believe there is a hero. Seems the Republicans can’t get anyone good to run for President.

Devil Dog, USMC DAV

WKE UP, SANDRA, THE HOUSE CANNOT DO ANYTHING WITHOUT THE SENATES APPROVAL, LED BY THE TRAITOR REID.

Devil Dog, USMC DAV

OH, AND I FORGOT TO SAY , THAT DUMBO GOT US BY THE CAYUNES WITH HIS SORRY ASS GOING ON 91 GOLF TOURS,17 VACATIONS, INCLUDING THE VACATION HE JUST TOOK FOR 17 DAYS IN HAWAII.

Carol Goodwin

and the problem here is that the senate is still a majority of dim-oh-kratz!

Devil Dog, USMC DAV

I WOULD VOTE FOR MICKEY MOUSE, IF HE WAS ON THE TICKET BEFORE THAT CLOWN WE HAVE IN THE WHITE HOUSE.

Karen

He hasn’t been impeached, I’m told, because the Senate has to approve it, and , well…that just ain’t gonna happen.

Vincent

Not Impeached, ARRESTED!

Johnnygard

President cannot be arrested while in office. January of 2013 is a different story.

Nancy

Ann I have been asking that question since the day he was sworn in.

http://MSN.COM Omega2

BECAUSE BOEHNER DOESN’T WANT TO OFFEND THE POOR BLACKS!!! Might give the RINO’S A BAD NAME!!!

http://yahoo Annie

How is he going to be impeached when half the white hOuse and the Senate and House along with the Attorney General are wither Communist or Muslim Brotherhood. Even Hillary’s Assistant is tied to Hamas. The military on the other hand, have the authority to invade the White House and round up all the traitors, they are after all, sworn to protect this country from war and terrorists from abroad and at home.

frustrated American

Racism got us in this fix, actually. The biggest bunch of racists ever. The black community during the last election. I don’t care to repeat how many lines and times I heard it come tripping off the tongues of black people that I had thought were rather intelligent people. I’ll vote for Obama because he’s black. Forget the economy, forget the state of the nation defense. I’ll vote for him because he’s black. That’s racism. Blind allegience. and then all the sheeples that were afraid of being called racist or bigot if they refused to accept his BS.

Shar

BARRY IS NOT BLACK.
HE IS 50% WHITE AND
HE IS 50% BLACK.
B.O. HAS M.O. AND
M.O. HAS B.O. IMAGINE
WHEN ONE OF THEIR KIDS
HAS A WHITE BAMBINO!
FUN TIMES!!!

BHUDDA

He’s 50% white ,35% Arabian and 15% black .He is more white than he is black .I’m not a raciest but an SOB of any color is An SOB . Race has nothing to do with that.

MLH

That’s what I say!! A Jaggovv is a Jaggovv! :))))

Karen

Semantics, Char! People see his skin color, not his genes. He might be 50/50 but he is 100% A-hole!

Carol Goodwin

I don’t want to even be around to see his daughters marry or not and have whatever color of children or not! I want the whole kit, kaboodle and shootin’ match out of our house!

David Wisner

“ATTENTION ALL AMERICANS”!! It DOES NOT matter what color you are, if you are a ‘MUSLIM’, then you have NO COLOR, CULTURE, ETHNICITY, ORIGIN or ‘ANY’ TYPE OF HERITAGE!! ISLAM DOES NOT recognize ANY HUMAN BEING EXCEPT FOR “MUSLIMS”! How do you become a MUSLIM, you MUST CONVERT from ‘ALL’ other forms of denominational belief systems and/or RELIGIONS!

MR. ‘NOBAMA’ ‘IS’ not BLACK, he DOES NOT have ‘ANY’ AFRICAN-AMERICAN heritage, he DOES NOT associate himself with ANYONE ELSE but “MUSLIMS” and ‘STOOPID LEFT-WINGED-LIBERAL-COMMUNISTIC DEMOCRATS’!!

“REMEMBER NOVEMBER 2012″, “REMEMBER NOVEMBER 2012″, “REMEMBER NOVEMBER 2012″!! ‘GOD’ IN HEAVEN, PLEASE HELP US?!?!

Dean Palmer

God can’t help us on this one. The public did it to themselves directly due to a profound ignorance of world history, and supreme gullibility. And the rest doesn’t give a shyt. Everyone wanting something for free and believing what every smiling politician (read: lawyer) wearing a suit and tie. It is said Americans can be sold sand in the desert. Until you all get “smart” and then get off the couch and get involved on a massive scale, nothing is going to change.

icetrout

If the election is stolen & Obama is placed back in the POTUS Position Antietam X 1,000,000+++ is right around the corner

paul

I believe your number to be way too small. Try 5 billion. Also know that he is just a stooge, and not for many believe. It will all come out some time next year for those of us left. For the rest, it will not matter. Keep your heart right for God, because you are going to need his help really bad.

Mary A

God is our ONLY hope for this country. Since so many have turned their backs to God why should God bless this country again? It is not who is in office that makes the difference it is the people of a nation who are responsible to live God’s way. When this happens we will elect the right kind of leaders and we get a great Nation again.
2 Chronicles 7:14 If my people, which are called by MY name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
HOW?
II Peter 3:8… but grow in the grace and knowledge of our Lord and Savior Jesus Christ. To Him be the glory, both now and to the day of eternity.

jim

Im movin to the Bahamas

Susy Q

Try New Zealand

http://Patric Luchia

Ooouuu, I’d love to move to New Zealand. I think it’s just beautiful. But, it’s tough getting citizenship there, and I think you get a short stay visa and then gotta get out.

Speed

Did ANYBODY listen to “Rush” this morning?? He threw this out as a test-as a joke,if you will,to see how willing the news media is to run with unsubstantiated information,and Lo and Behold-HERE it is! Well,that explains a LOT!

http://windstream Sandra Leathers

I believe he has something up his sleeve. Why else did he go around Congress to appoint this man to the Consumer Protection Agency?

sonnieC

This obama guy along with his so called wife has got to go. No way can the working class take 4 more years with this anus hole.

Ron

But you stupid person he is helping the working class that is to stupid to understand it DO NO HEAR ? RUSH IS NOT A GOOD PERSON TO GET FACTS FROM AND NEVER HAS BBEN.

Dakota

So Obama is “helping” the working class? I guess you remember the most recent fight in Congress over the extension of the Payroll Tax cuts with the Dems falling all over themselves to blame the Republicans for not caring about the American People? Well, I am in the Mortgage Business and it was announced today that interest rates will be increasing .125% to pay via the Guarantee Fee, for the cost of this extension. Two months at a cost of about $30 billion dollars, will be “covered” by rate increase on Mortgages including those that “refinance” through HARP. It is estimated to take about 10 yrs of this fee to cover the 2 months extension. So Ron…who’s “helping” the working class?

REMAINFREE

Seriously sir, you’re a fine example of why we are in the state we’re currently in. Obama doesn’t care about the American public, he’s looking to remain in office so he and his puppetmasters can complete the transformation of our Country. I find it amazing how so many people out there are still so oblivious.

http://windstream Sandra Leathers

Seems like you can’t fix stupid.

am2sweet

As a middle class white citizen Obama has done nothing but lose jobs for people, put in so many new regulations on companies that we won’t be getting any raises again this year. Imagine that. Our third year without a raise. Hasn’t Obama been in charge 3 years? We consider ourselves lucky to have a job. Groceries are going up. Medical is going up thanks to Obama’s rules. Groceries are going up and then Obama says there will be shortages of foods. If this is helping the middle class or anyone else I need an explaination as to how it’s helping. Rush is telling it like it is. If you don’t like the truth don’t listen to him.

Devil Dog, USMC DAV

Ron, you are a complete lieberal idiot. Wake up, and learn something. Not what your socialist profs tell you. Get abrain for yourself and let the truth come in.

eury29

you a Ocrap man I take it he is the only one that is going to America get our GLORY back

Ron

But you stupid person he is helping the working class that is to stupid to understand it DO NO HEAR ? RUSH IS NOT A GOOD PERSON TO GET FACTS FROM AND NEVER HAS BEEN.

Army CWO Retired

Ron – I still DO NO HEAR. YOu stupid person to? You seem to take great PRIDE in your incoherence. Be careful with that word ‘stupid’. It’s stuck on you and it can’t be peeled off without damaging your skin. DO NO HEAR YOU?

Julius Lohr

Ron, Here’s a great place to find proper spelling of words……Spellcheck or a DICTIONARY!!!!! Other than that I don’t believe you can be helped!

http://rebelforiam.com m. sharpe

This is a part of the “new deal system” to seduce people into the socialist movement for the next 40 yrs. People should be careful of the “state”. The change is going full speed into a dictatorship, but for one small detail;there are enough true followers of Christ Jesus in America,for Elohim God not to destroy or allow to be destroyed.Keep an eye on the ‘leaders’ this yr.

van

53 million dead babies would diagree with you.

Susy Q

On TV ads are new free telephones, cells of course, for all who qualify called food stamps , all social welfare programs, person can have the( ha ha) free telephone, and quess what? I will bet your horses mane the givermint is listening in to every word. 100 persons can be listened to at once, according to the sunday paper in my state. And quess who is paying for these telephones that are free to very very low income, like the jihad camps up in them thar hills. And many others not up there in the woods. because the woods don’t have the towers needed. but the food stamps is a ticket to the cel telephone.

http://windstream Sandra Leathers

Just make sure to keep your guns and plenty ammo, I think we might need it.

frustrated American

He and his crew are still trying to play the race card and the rest of the scumbag politicians are still too spineless to do anything about it. Look at Holder, after he got nailed perjuring himself twice over Fast & Furious. Then he plays the race card like a get out of jail free card in a game of monopoly. Tried to say they were making a mountain out of a mole hill until Brian Terry’s family protested that. Then, they were all just racists cause they wouldn’t let him do whatever he wanted. They act like a bunch of spoiled 5 yr olds.

Glo

It would be nice to have a lower or no mortgage payment, but I still would not vote for him, PERIOD!!!!!!!!!!!!!!

Susy Q

your mortgage might be less to none, but quess who has to pay it, and who pays back the givermint while your thinking no mortagage, you will be paying it back somehow, along with everyone elses who is paying for those free telephone. that jerk just want to get in the white house again.

Sonja

I was just thinking what you stated, most likely thou, his plan would only be for those that have a mortgage with Fannie Mae or Freddie Mac. Like you stated, NO WAY WOULD I VOTE FOR THE MUSLIM.

RickMT

Where is Seal Team Six?

frustrated American

Impeach him and throw his whole cabal in prison. Military prison. Leavenworth still makes prisoners do hard labor. Let them find out what it is like to actually work instead of riding on the backs of people who do like vultures or the parasites they are.

Susy Q

There is a nice military prison for sale in the beautiful state of New Hampshire it sets right beside the ocean near Kittery. The last lone prisoner was not to many years back. Now its amolding for lack of people to put in it just like the guy who is a kenyan and with hlder, and ayers, etc company.

Yogi571

I want to see them swim the Piscataqua River after the fix the Memorial Bridge!

http://www.americagonestupid.com nvrpc

Well people as I said back when this AH borrowed $750B I will say again. This sum of money could have paid off EVERYONES mortgage in the USA leaving everyone of those people with 1000- 10,000 a month to spend on other items which would have created jobs. Why? because all these people would hav been able to buy almost anything they wanted and beleive me they would have. Instead he now is going to punish all those who actaully work for a living.

Susy Q

Yep and hard working shoe makers lost there jobs to some other country. Rome fell because they stopped making thier own hoes, and the wine jugs were not glazed, and they were poised like to day Americans hard workers whatever they do now, is poisened by fluoride. in our public water.

Hk lover

Ummm, 750 billion dollars divided by 75 million mortgages gives each mortgage holder $10,000. NOT hundreds of thousands of dollars. Is your pencil and paper broken so it doesn’t do correct math?
Make it easy on yourself, cross the same amount of zeros off each number and then divide it. 750 billion has 9 zeros after it and 75 million has 6 zeros after it. 750,000,000,000 and 75,000,000. Crossing the 6 zeros off each one makes it easier to work with:
750,000 and 75. Now cross off the 75 in each one and you get:
10,000 and 1.

Wow, each mortgage holder would only get $10,000 one time. NOT hundreds of thousands of dollars to pay off their mortgage and then thousands of dollars every month.

Hk lover (me too by the way), don’t be too hard on him. I doubt there are 75 million mortgages out there. That would be about one out of four man, woman and child in the U.S. with a mortgage. If it was 7.5 million, that would be $100,000 for each mortgage. Because many would owe less than that, and many would owe more, the $750 bil might come close. The amount the homebuyers are now paying for the house would give them (maybe) $1,000 or more a month to spend on other things. I’M NOT BACKING THE IDEA, just sayin’.

Rich

I wish to the heavens above it was ONLY 750 billion! Looks more like 13 Trillion to bail out the banks! Next I guess we’ll have to bail out Europe (again). Starting to look that way- Buy pure silver coins-that way you’ll have something in your hand when you hit the grocery store= cause the monopoly money that will be printed won’t be worth a damn! (or a “continental”) for that matter. Thanks.

jac

Oh that is just great, how about us who have already lost our homes, that the crooks screwed.

http://www.americagonestupid.com nvrpc

I guess you are what you call SOL… Tada

Larrya PA.

They will give it to some mexican or some other minority.

zamoco

I’m no O’bama fan by a long shot. But dismissing mortgages will not make a hill of beans to the real economy. All lending is fraud, the moment you sign your promissory note for a mortgage it is paid…peroid. the fraud comes in that you pay for it again over the course of the mortgage term. Your paying twice. If you doubt me read “The Creature from Jeckyll Island”. It explains it all.

http://windstream Sandra Leathers

Fed. Reserve, nothing but a ponsi scheme. They have already robbed us of 91% of our money.

Jan

BO could still get axed in Nov! People could take the deal with the reduced mortgage and still not vote for him!

msbets

I haven’t got much to say………except WE ARE SCREWED!!!! maybe they won’t say it,but by God I will, and ovomit IS A LIAR.

CapitalistFool

It’s even worse…When the banks fail as a result, the Grand Opuba will insist we can’t afford to bail out those rich capitalists again, and that banking should be a state-run enterprise. Don’t put it past him. When Bernanke was selected for Fed Chair, we knew at that time, that we were headed for an economic collapse–it’s what he had specialized in. What are the specialities of these appointees?

Susy Q

It takes a rich capitolist, to build a nice shoe shop with solor heat water falls electricity and /or wind and solor, to have th shoe factory for people to work in to sell the shoes, and export them out. America have very little export. It called free enterprise. And spelled wages.

Patrick Henry

Obama is Robbin’ from the Hood, takin from the rich to give to the poor, spreadin the wealth to get re-elected. But most of us will be deep in debt with no freedom, but the losers don’t care, they want it for nothin…….when the losers outnumber the winners, then we all will be under the socialist thumb. Permantely! ! !

the ohioan

everyone i read on all these blogs seem to have the same idea……to vote obumer out …..this will not do the most good…if he is voted out ALL the bills and things he signed into being WILL stay in effect and be difficult to remove through the courts…..BUT….if he were to be impeached….ALL he signed would vanish….poof…so impeach him now and do not wait for him to sign the “no more elections” bill and that would mean he would be president for life….think about it !!!!

Bill

True, but no one really raises enough hell with the Congress to get anything done about it. They are all scared to death and want to preserve their jobs. If enough pressure is applied to Congress, the maniacal Orders he issues can be sopped.

http://windstream Sandra Leathers

I have been raising hell ever since he was elected, and they aren’t listening. I really think they have been threatened by the NWO. Why else would the Republicans let him do all the things he has done? Watch the video I posted before.

Clayton Wellman

The ohioan is so right. Impeach now or better yet ,try him for treason.

CelticGyrl

Even IF the House of Reps passed Impeachment against Obama, it will NEVER be tried and carried out in the Senate since Harry Reid and the Democrats control that house. The only way to impeach him is to re-elect him while at the same time electing a super majority of Republicans in the Senate. It’s better to vote him out, vote the Republicans unchallenged control of BOTH houses of Congress and make them repeal all the regulations, laws, etc… enacted under Obama and his czars. Also, need legislation barring the creation of anymore czar positions in future administrations-it’s unchecked power in the hands of a single individual doing the direct wishes of only the President, not the People.

Johnnygard

DREAM BIG! The IDEAL thing would be to vote in a conservative House, Senate and President. Then, because the new Senators get sworn in a couple of weeks before Obummers leaves office, the House has articles of impeachment drawn up in advance. The day the Republicans take control of the Senate, the House turns the impeachment over to them. Then they try the case and convict him and remove him before inauguration day. Biden might be President for a day or two, but he won’t do any more damage with a Republican Congress.

Big Ugly, Wyoming

Seal Team Six killed the wrong Muslim.

Susy Q

Ha Ha ha ahahahahahahahaahhehehehehehahahahhaaaa your are so right you sweet big ugly whatever you are mother. b

Karen

LOL Take a breath, Suzy Q!!

http://windstream Sandra Leathers

You got that right. a while back Odumbo was somewhere else, and a journalist found a bunch of papers laying on the ground with all the details of where Obama was going to be, the route that was going to taken, and which car he was in. Do you think it might have been droped on purpose?

the ohioan

you got that right big ugly.

John Whiteside

Does anyone remember what Nikita Kruschev threatened President Kennedy with while pounding the podium with his shoe? We (communists) will destroy your country (USA)from within without ever firing a shot. Enter Barak “ALLAH” Obama… the greatest threat our country has ever faced. A page from the Bible:”By their fruit they shall be known!” Well we’ve seen Obama’s fruit, it’s rotten, rancid, and poison.

Susy Q

Some x navy man got on radio TV and said Obama is a fruit, and they tooted togeTher. ND OBAMA IS A MUSLIM AND HE SAYS AMERICA IS NOT LONGER A CHRISTIAN COUNTRY, I SWEAR LOT, AND IT IS STILL A CHRIST DRIVEN JESEU LVING COUNTRY, AND FROM THE HITCHING END OF MY THUMB IN 75 FROM LA TO NEW ENGLAND SHE IS BEAUTIFUL. AMERICA.

http://windstream Sandra Leathers

I posted a link earlier of a video of President Kennedy saying there were secret societies working behind the scenes. not long after that he was killed.

SHERRY

He’s at it again. he’s MADE A MESS OF THIS COUNTRY ALREADY. WE CANT HANDLE 4 MORE YEARS OF OBAMA. PEOPLE ARE BACK TO WORK WERE NOT AROUND HERE. THIS AMERICA IS GOING DOWN. OBAMA DOESN’T LIKE AMERICA WHY IS HE THE PRESIDENT. IT SOUNDS LIKE HE WANTS TO DESTROY US FOR GOOD. GOD HELP US KEEP US SAFE FROM HIM

pinky Lee

This administration plans everything in steps. this item will only progress if the congress allows additional borrowing. When the banking community looses all the mortgages, Obama will subsidize the big banks for their looses and let the small banks flounder. In other words we will be paying off other peoples mortgage. Sounds familiar doesn’t it. This way he will be buying all of those votes without costing him anything.

JVB

I’ve said it before….Obama is EXPECTING to get another term and he’s literally going for broke now. He isn’t wasting time with Constitutionality or waiting for everyone to agree with him….he’s going to spend his way into the history books.

JVB

Should have read IS NOT EXPECTING ANOTHER TERM…

CelticGyrl

No, JVB, I think the egotistical, narcissist really believes he’s going to win a landslide again. It’s part of the mental disease called Liberalism. They aren’t rational, no common sense, live in a fantasy world that the rest of us just can’t understand, up is down, down is up, wrong is right, right is wrong! It makes me mental just trying to explain the disease in a coherent sentence. LOL!

Marlene

The fool Democrats will believe this is a true Godsend. Almost 3 years ago, my brother told me, “Yes, but Obama is allowing people to rent those foreclosed homes so they won’t be homeless.” More welfare recipients, it sounds like and many of my bro’s grandchildren are on welfare. (Bro, by the way, is almost a millionaire because of what his deceased wife left him from her several inheritances.) As if Obama is some sort or soft-hearted soul. Ha! He’s buying votes any way he can. I don’t doubt that this plot will fail but it will blind his sheeple even more to his uncountable faults. Those type can’t think for themselves if they see something offered that’s free. What a total disgusting bunch! We have to get him out of office and permanently out of this country. We don’t need dictatorship here.

Karen

I heard one man say he didn’t like Barry, but “since the country is going down, he’ll take the free ride.” Yes, this is the type of person who will *itch about what the man does to the country, but will take whatever is offered. I pity that man.

jjinfl

Great comments here, but are we able to do something about it? He continues to do exactly as he pleases, going against our country and its Constitution on a daily basis and thinking of himself as more of a King or dictator than a president. The news does not report it, Congress lets it slide, the same folks are “investigated” over and over for lies, cheating, graft, ridiculous promising and spending on taxpayer monies, etc., but nothing ever happens to any of them. When will it finally be “enough is enough” and the people take back our country? By the time they do, it’ll be too late.

Bobbo

I agree

Gary43

Exactly! Call them liars, tax cheats, Socialists, traitors. They don’t care. Why do we need to do things the “right” way? Have you ever heard of the American Revolution, that war in which the colonists didn’t play by the rules? They fought using unorthodox tactics which the “redcoats” did not know. AND THEY WON!! It is time to take the gloves off and get down and dirty. We have to fight fire with fire. No more Mr. Nice Guy!!

Helen

It is long past time to take care of the king

I have written many letters to washington

asking why they do not impeach. No one will answer me.

Remember when they were going to impeach Nixson?
Well The king has done far more than Nixon
ever did.
What is wrong with our law makers in Washington? to let some one stay in office who we are not sure he is even a citizen or was born in this country? Are they all cowards?

Larrya PA.

most of them are paid off they will go along with any thig ohomo wants to do.

Devil Dog, USMC DAV

RIGHT ON, HELEN!!

Karen

Senate has to approve the Impeachment. And we know, with Harry Reid at the helm, that is NOT going to happen!

richbrat

Congress needs to repeal the Federal Reserve Act and stop borrowing and paying the banksters interest to use our own money. All this stimulus could theoretically work if we didn’t go into debt with the bankers, same goes when Congress won’t pass a budget. Note this isn’t an endorsement for Obama.

Russell

I didn`t vote for Obama and I won`t in the next election . People should remember he hasn`t kept any of his promises he made before he was elected. All that guy has done since he has been President is run around all over the world and if he wasn`t doing that he has been on Vacation in Hawaii along with all of his Family at tax Payers expenses. Remember this well all of you People out there !!

Susy Q

hoped and prayed fervently he would get pushed into the volcano over there, or a killer whale might have him for lunch. Jesus forgot to answer me, and didnt hate O enough to help on that prayer.

http://windstream Sandra Leathers

I needed that laugh Susy. Thanks, cause there isn’t much to laugh about these days.

Bill

Talk abort world class vote buying! The taxpayers will pay billions to see he is reelected!

Die Free

I hate Obama side stepping the congress. This needs to stop. Everyone says if you disagree with odummer you are a racist. Well I guess I am a racist. I will have to live with that but I will be free and happy. I dont mind being a racist if odummer is out of the way. He needs to go today. Someone should just bypass him.

Southern Son

Wake up people, the housing fiasco was strarted by Clinton way back when. He told the banks to loan money to anyone, especially to those who could not buy food much less a house. Now the imposter-in-chief is doing the same thing. I never liked this liar and will never trust him . He has told so many lies he wouldnt know the truth if it walked up and slapped him in the face..
I am not a racist but nobama will never be nothing but a Chicago-born thief…

Die Free

This is great get people to refinance with that new tax that went into effect. The people might pay less per month but you pay the tax up front. Odummer is a liar. And he needs to go. 2012 nov.

Susy Q

Some man on this comment sheet said call your Congressmen and senators, and ask them what the prison camps and hirring for them is about. and I also asked do you know about the jihad war training camps in the woods of 35 states, on one knew anything to date. I suggested they save the 44 cents to mail me a letter, I would call back in a week. Therefore I will. Did any of you all call your states sen and reps?

http://windstream Sandra Leathers

I sent mine an email asking them why the hell they voted for The National Authorization Act, but have only heard from one, and he gave me some lame excuse of how good it would be for the military. Didn’t answer my question. About a year ago I sent emails asking why they didn’t impeach him. I got one response. He hasn’t done anything that is impeachable. I hope we will still be able to vote in 2014, because my Senators come up for re-election then, and I am going to do everything I can to see they are not re-elected.

Die Free

I disagree with odummer and I think his policies are the wrong thing for America. I guess that makes me a racist that wants the first black president to fail. Yes that’s true that’s what I want I want the USA to be destroyed. The left has no argument except saying. Racist.
Yes I guess I am a racist. Thank you odummer. U suck. And I hope you go away soon.

rubio4u2001

The good ole “feed them rice and they will come” mentality? Dictators do this!

Ann Wilson Kingsley

Thank you for being honest and blaming the CRA.

lc

beware…

he has been “investing” our tax money in the brazilian stock market [BM & FBOVESPA]..as is the manufacturer he “awarded” to build our air force planes [“awarded” meant lightly as the bid was not made public]…the company policies and employee training tactics are pretty fishy.

in reading some of the background on member companies of BM & FBOVESPA, many of them were created in 2008 – mostly after april and thru october – and are chicago/soros affiliated. the conditions for some of the deals suggest absolute resource supply, food supply, energy supply… it gives me a sense of him selling out our mortgages to possible BM & FBOVESPA affiliated banks, meaning selling your mortgage to a new gov-affiliated bank will have consequences…possibly severe.

i don’t know, but there seems to be an awful lot of money leaving here and ending up in brazil…all on the cusp of the intentional and impending fall of the us dollar & fed reserve…the us dollar is NOT a participating currency in theBM & FBOVESPA…

Larry E

These socialist/fascist clowns have obviously not learned from Europe that doing good with other people’s money works really great until the other people’s money runs out, and that’s coming right soon.

Then our Glorious Leader will blame all those of us who’ve been paying for his shysterism and crookedness saying we don’t care, and they need to keep reelecting him to handle the job.

Oh, but he can only have two terms? He’s ignored the Constitution so far, so ignoring it some more shouldn’t be any problem for him and his fascist buddies.

http://Patriotupdate Jackie

According to our Declaration we have the right to abolish this gov’t and institute a new one. I think it is high time we take care of this and have this president arrested and brought up on charges.

http://windstream Sandra Leathers

I’m in. Please somebody get this started. I will even donate money.

Bill

Socialism has put America on the edge of the economic cliff and it is up to its eyeballs in debt. This is another desparate measure to prop up the economy for another year. Ultimately, Ameerica will pay the price for socialism and the longer it takes the higher will be the price.

Julius Lohr

Isn’t Obama due for a trip to Dealy Plaza sometime in the coming months?

Barbara Simpson listener

SCREW these bastard mortages(of which I do not have one)HOW ABOUT STUDENT LOANS??????????????????????????????????????

VegasLarry

By the time an impeachment proceeding gets under way it will be election time. If the election doesn’t get him , perhaps a .50 cal sniper rifle will.

Sonja

Lets hope, before the election.

Sonja M

As the 2012 election gets closer we are going to see things out of Obama we never dreamed of happening. What he is doing now is just the tip of the iceberg.

Many of us feel he will be re-elected. Though it won’t be legal. Don’t think he has ever done anything legal in his life!

jr

I can’t post what I’m thinking, but this is the worst piece of garbage i’ve heard yet. This man seems hell bent on destroying our country snd the economy! Somebody lock this idiot up before he does any more damage to our country. Put him in a jail cell with no exit!!!

FreedomScribe

Time to go rogue ourselves, We The People. The more and longer you write anything anti-Obama via digital communication, the better chance you have of being plucked to spend your remaining days in a FEMA camp. Time for the Underground, time for local like-minded Patriots to form real “I’ve got your back” alliances. I am no conspiracy theorist, just an old “B” student who can still read the handwriting on the wall. Time is not on our side. The fiat/digital financial system is ready to implode or in its best case scenario, make day to day living almost unbearable if not impossible. We will take our country back the same way it was formed, but not here. Go out and start talking to your neighbors. Prepare for the worst, Pray for the best. +

eury29

Hello to all who care??? My name is Tim Chapman ,starting tomorrow I am going to start going to all of the EMPLOYMENT offices and getting numbers on the unemployed so could you people please help out in your states by going to your Employment offices and getting the numbers there and send them to me. I will be happy to take them to ABC news CBS FOX and NBC an CNN MSNBC to get the true number out to the country screw Ocrapman email me when you get the numbers and I will give you my home address ok timchap700@gmail.com thanks guys for helping

gipb

I am sooo damned SICK of this poor excuse of a man.. I can imagine another 4 years of this BULLSHIT!!!

gipb

oops – “can’t” imagine another 4 years…

Mary A

You can rant and rave all you want to but nothing is going to change until people in this country turn back to God. He is our only hope. You may scorn this or laugh at it or whatever but no one has been able to do anything about 0 and they never will until believers start living the way He says in His Word and not listen to the social gospel ministers or all that emotionalism in the churches or feel good sermons; it takes solid Bible Doctrine teaching from a pastor teacher who is willing to stick with the Word of God and not what you think he should teach.
Jer 17:5 Thus says the LORD,” Cursed is the man who trusts in mankind and makes flesh his strength, and whose heart turns away from the LORD.

Charlie

As this will not A- help those who really need the help (like the last time,) and B- is being government-sponsored, no good can come of this.

CelticGyrl

I am a professional truck driver along with my spouse. In Nov., I was put out of service for medical tests for sleep apnea without warning. We weren’t prepared financially to lose 75% of our monthly income~my ck paid our bills while my husband’s paid road/truck expenses,ins. premiums, etc.

We had just purchased a new mobile home in April 2011 and had an existing automobile loan. My auto loan co. gratefully extended my loan after one phone call and added the months to the back end of the loan. My mortgage co. threatened to foreclose within 10 days of the 1st non-pmt. They wouldn’t even consider an extension and were very ugly on the phone. We have managed to make the pmts.while letting others slide but it’s hard. That’s our responsibility. I could have just told them to take the dang thing but that’s not how I was raised. I just wanted some time, not to never pay what I rightfully owe.

It infuriates me when people get on tv and talk about “free this and free that” for everyone just because they’re breathing. I’ve never gotten anything for free, but I pay for alot of other peoples “free” crap!

Sorry but this article, if it’s true, just struck a nerve with me. God Bless all!

Ole Vet

The wacko politicos never say this, but every buck given to anyone comes from someone else’s pocket, and I’m sure you know from who’s pocket! Yes, everybody wants this ‘free’ money, so long as it’s at someone ELSE’S expense!

Plus, with every buck being transferred this way by our ‘benevolent’ government, someone with connections manages to slip a ‘stray’ dollar or two into their own pockets!

Evan

Or TWO????? What, you forget the six zeros after it??

daves

I don’t know where Rush gets the $1.2 trillion figure but I suspect it is wrong.

Allowing people to refinance so prevent more foreclosures is an excellent step toward improving our economy. Truly no one loses. The banks will end up with fewer foreclosed homes on their books. The housing market will not continue to decline because of foreclosures.

There may be some risk that some will still default on their homes but the benefits far outweigh that risk.

dave smith

Refinancing mortgages that people could not pay is what got us in this mess to begin with. Refinancing is not what the President is wanting to do. He just wants the same people who get everything free or reduced to get more freebies and reductions. Who pays for the reductions and freebies? The same people who always do. Those of us who actually work and try to save a little bit of money for retirement. Remembering 2009, he wants our retirement money too for that matter.

cp

Have any of you read the requirements? It only works if you have been paying your mortgage and haven’t refinanced in the HARP program subsequent to June 2009. If you aren’t paying, you aren’t eligible. It’s purpose is to allow those paying their mortgages in the depreciating market who have lost equity because of the lack of regulations over the institutions that pushed the “BAD” loans to get a more equitable interest rate than they now have. READ THE DETAILS of the program! Nothing’s being given away.

daves

Huh? Please tell me how refinancing got us into this mess.

Jek Silberstein

I don’t have a Commercial semi-truck lisc, but if you want to train me, I’d drive for several months, maybe more. WHY would that help? Because I can’t charge YOU any money for driving, because if I make any, I lose it, dollar for dollar, from my VA award, so it would be as if your Hubby was still driving(–if we’re out-of-town driving, have him ride along). Money I earned would be yours. I had sleep-apnea, but don’t anymore. I lost weight, got my dog to wake me (she does, if too long before a breath) started riding a bicycle (“ride” indoors in the winter, they’ve got “trainers”), don’t eat anything that makes mucus before going to bed, before its been a while, and don’t use C-pap, use over-the-counter appliances. Or train a parolee (-non-violent offender) to do the same (drive) for experience, room & board. He could have to call his parole officer every few hours, so you should be totally safe. If staying on C-pap, you should be considered “disabled”, and THAT would qualify Hubby for training in something else. How about local delivery? 9-5, daylight jobs with a small truck/van? G-d Bless

Evan

I’m with you, girl, and was raised the same way. As were MY children.
Until we find a way to have the (estimated) 45% of the people who pay NO taxes- and most all of who GET money from the Government- we will ALWAYS be on the short end.
Time to clean house in DC. And to KEEP it clean. First order of business should be a national RECALL law that permits ANY publicly elected official to be recalled from office by vote of the people. Can and SHOULD be done. Example: 70% of the people did NOT want Obamacare- but Congress and the President ignored us. We should have been allowed to get them ALL out of office right then!

Hillbilly Jed

God bless you Celtic Girl and good luck. You and yours will get through this, just know we’re out here pullin’ for you.

MILITARYMOM

You are SO right. I too am struggling to make my mortgage payments with all the other increases in utilities, gas, food, etc. I have never taken a Dime from the government or anyone else even tho I was a single mom raising 2 kids on my own. I have worked numerous jobs, some only paying minimum wage, but I have never cried about what I should be getting for FREE! It is an outrage as to what this administration is doing to OUR country!! All our men & women who have given their service to our country & the hard working folks are being systematically DESTROYED!! We all need to fight back!!

daves

Wouldn’t it be nice to refinance and bring your monthly payments down?

Patrick

Dave, part of what you are missing is that there is a “cost” to bring those payments down. Who is going to pay that cost? Tax payers, the banks? Realize this, no corporation will take a loss because of higher taxes, lawsuits, production costs, fines, or any other reason. this cost is passed on to the consumers in price hikes.

I am all for assisting those that need it, as has been mentioned in this thread. However, there are thousands that CAN afford their payments that would take advantage just because they do not want to be upside. these are the unintended consequences of the Government “helping”. Many banks would rather foreclose than work with you because they were promised a bigger pay day by the government. Again, unintended consequences. If you let capitalism work without government interference, the banks will fix the problem and work with those that NEED it.

daves

I refinanced both of my homes last year. The banks were eager to do it. The original banks were paid 100% of the balance due. The only thing they lost was possible future revenue.

The banks will take a much bigger hit if people default on their loans. And that is a cost that will affect all us of Americans. Including in the unemployment lines.

am2sweet

I sincerely hope things work out for you. It seems the banks are getting more and more disgusting in not working with anyone on anything. Too many people are losing homes for no good reason other than the banks would rather have empty places drawing no income then work with homeowners and have some income. That just doesn’t make sense.

dave smith

Banks do not want empty homes. They want payment for the house you live in that they own. You do not own the house until the mortgage which you got from the bank is paid off. Please do not fall into the trap of the blame game when the responsibility lies squarely on the shoulders of the ones who took out the loan.
If you owe me money, you will not think I am nice when I expect to be paid back as you promised and have failed to do so.

DrBillLemoine

The problem–if Rush or anyone without an underwater mortgage would only check–is we are only ineligible to refinance because the ratios banks use to justify a refi don’t fit the standards. It’s only reducing the interest paid, not cancelling the principal due. It would reduce monthly payments if only the government would guarantee payments for the banks. Under this scenario, nobody would lose money except on paper. It would ease homeowner cash flow problems freeing money to spend and revive the economy. The value of property wouldn’t be changed as ‘announced’ by His Highness, shooting from the lip–unless he knows something nobody else does.

James D. Burke

Dr. Bill, all the problems you indicate above can be laid squarely at the feet of one Mr. President Obama who included homeowners difficulties as just one arm of his “Fundamentally Changing” the “United States of America.” His messing with G.M; and now the Electric Grid is in his sights; the coal mining industries is also fundamental change. As Nikita Krueschev once remarked “what fools these Americans are, you spit in their face and they think it is dew.” We could say the same thing about our present congress who sits around croaking like a bunch of frogs in the morning twilight.

Herr Capitan Fick

Congress is just an extention of the greedy gutless American public! Congress is the public with an agenda! They seem to be much smarter and take the opportunity to get the money…That’s why Congress is rich and the people are poor! It’s the mentality!

cwgf

Maybe the evening twilight. I question whether this country will ever fully recover from the damage O’Usurper has caused.

James D. Burke

cwgf, it won’t recover! The usurper just keeps on and on buying off the lower and middle class while congress sits on their lily pads croaking. While the lower and middle class had time to do something about the declining situation for the last forty years they were too enamored with sports, such as hunting, camping, going to watch non-productive games and completely ignoring what was going on in congress and no-one could get their attention. When the fundamental changer came along they flocked to him like lemmings diving over the cliffs and couldn’t wait to get to the deep blue sea. Now he is offering them another carrot and congress has not the ambition to get off their lily pads and surround the Change Pharaoh like Moses and Aaron did for a former one in Egypt. I suspect a rumble is in the making.

daves

You think it is President Obamas fault that the banks do not want to refinance some peoples houses? Please explain that one to me.

Patrick

Dave, just like every other president, Bama boy will get the credit or blame of whatever congress does. Look at Clinton’s credit for Newt’s balance budget back in the 90’s.

However, some of the banks were guaranteed a percentage return of the original loan amount of defaulted loans (follow that?) if they absorbed the assets (loans) of banks that went under. Theses banks picked up these assets for 25 – 35 cents on the dollar. So if the government guarantees you 65% ($65,000) of a $100,000 loan that you paid 35% ($35,000) for, what is your motivation to work with that customer? The bank forecloses, sells the house for $40,000 and then get another $25,000 from the government. They just made a $30,000 profit. Now, it is not all banks that get this deal, however, you can bet it was not the smaller, “hometown” banks. This is why some banks are easier to work with than others.

daves

What Government program offered the banks 65% of the outstanding debt?

Johnnygard

daves, You’re good at research. Two or three different Realtors have told me the same thing over the last year, so look it up with your computer skills, and let us know what you find.

Dave

Well banks/mortgage companies need profit to stay afloat,and the interest made by them on loans is the major income (don’t know the % but it is the majority portion by far). Since they already had their hand out before, reducing their income (interest income pays the banks overhead) guess who will pay when the banks fall short again, look in the mirror for a clue.

Homer

Dave if you really want to know the truth about banking, read “The Creature from Jekyll Island”. It reads like a “who dunnit?” but is very informing. You will never feel sorry for banksters “losses”, which BTW is an oxymoran, again. Banksters NEVER lose. Only the American people, working classes, lose.

wayne

Dr. Bill,
You’re right about the value of property not being changed…. but your wrong that no one would lose money except on paper. The Banks would lose plenty (which they would pass on to their customers; and the American Taxpayer (specially those without mortgages and those not underwater) would take it in the shorts. The Banks (The Big Four) would need, and get, another massive gov’t bailout… and who do you think would pay for that?

Homer

The losses in the housing market have already been paid. We paid them. There is a good new movie that you can watch at Redbox called “Margin Call”. It will put it all together for you how the housing market bubble got burst. BO is not giving the people anything with this lower house payment. The companies that own your mortgage can afford to lower your payments and rewrite your loans because they bought the paper at less than half and they are still making money. The losses have already been covered with the bailouts. You are paying for mortgage losses. Banks and financial institutions never lose. Take the deal and be proud the people of America have already paid for it. WATCH THE MOVIE….

wayne

I would like to see that movie. Thanks for the tip. But the housing meltdown is not over. More people will walk away from their mortgages in 2012 than did in 2011 or in 2010… or in 2009… or in 2008. And were not talking sub-primes any more. The bailouts combined with Trillions printed by the Fed… and Hundreds of Billions funneled into the corrupt Fannie and Freddie, is what’s keeping this ponzi scheme afloat and more Trillions will be needed. The American Taxpayer… all fifty million or so of them … will share the burden that’s still coming. Our Gov’t has deemed it so.

daves

The losses the banks take will not even come close to the losses they take if we allow all of the underwater mortgages to be foreclosed.

dave smith

The more foreclosures, the bigger the opportunity for real estate investors to buy and put you in a home you can actually afford. Many real estate investors are not megamillionnaires, but so what if they become rich. Let the houses foreclose. That will force people who lived beyond their means to have a reality check. It is a start over. Credit is only ruined for a few years while you re-establish yourself. The banks should not be bailed out not the people who stopped paying the mortgage.

daves

That does nothing for people who lost their jobs from the poor economy. Many took lower paying jobs and would have no problem paying their mortgage at the current interest rates that are available.

HonestJohn

Dr. Bill, (A Doctor ? You’re Kidding me !),
What kind of economics is “you only lose money on paper”. Every time you lose money it’s usually on paper. It’s on paper when you lose money in the stock market. It’s on paper when your home loses value decreases. It’s on paper when you’re taxes increase. The problem DOCTOR (ha, ha) is all the BAD paper reduces your net worth and you’re checking account balance. IT”S REAL DOCTOR.

Von Starkermann

Everyone is afraid of doing anything that is perceived to be against Obama. To do so means that you are a racist. Who wants to be called that name especially if you are a politician or a banker. The Obama administration has violated the constitution in so many ways, yet no one is strong enough to bring up the President for Impeachment. There is truly something wrong with the Republican Party these days as long as this madness goes on.

Hipockets

CURE’ Don’t vote for ANYONE that is currently in office. Let’s try to get some honest AMERICANS in there that care about the Constitution and this country’

Robert

There is no such thing as an honest politition, The whole government of this country needs to be revamped to allow all the people a say in what happens. With today’s technology there could be a way for every American to vote on every issue. We could eliminate the special interest groups from influencing the government.

Eyeswideopen

I believe your statement needs to be modified to “There is no such thing as an honest CAREER politician”. Congress wasn’t meant to be a lifetime job. You spoke for your people then went back to work your own farm or other business. Pelosi may be the worst candidate ever, but her people will keep voting her in for what she gets for California, regardless how it affects the rest of the country.

Johnnygard

We CANNOT remove Obama by impeachment. If the Republicans impeach in the House, it goes to Harry Reid and the Democrats in the Senate. Reid and the Democrats would never convict Obama in a trial. Remember Bill Clinton lied to a Grand Jury and it was proven, but the Senate still refused to convict. If they tried Obama, they would acquit him also, and then the media would all say the evil racist Republicans did it because they hate him for being black. The additional sympathy votes would assure his reelection in 2012. Impeachment would be a waste of time and a huge distraction from the real issues. Just talk to everyone about the economy, unemployment, inflation, gas prices, “Fast and furious”, Solyndra, Keystone Pipeline, etc., so we can defeat him in November.

ROSEBUD

IF OBAMA SHOULD BE RE-ELECTED IN NOVEMBER, WE HAVE A PROBLEM, BUT IF THEY WIN THE SENATE, & MAINTAIN THE HOUSE, THEY WILL BE ABLE TO IMPEACH HIM. THIS COUNTRY CAN’T TAKE ANOTHER 4 YEARS OF OBAMA. JUST LOOK WHAT HE’S DOING ALREADY IN JUST JANUARY. HE SHOULD BE OPERATING AS THE LAME DUCK THAT HE TRULY IS. TODAY I HEARD THAT THE JUSTICE DEPT IS GOING AFTER BANK OF AMERICA FOR $30+ MIL & IT’S GOING TO ACORN (BY ANOTHER NAME). CAN YOU IMAGINE THAT THE DEMOCRATS W/BILL CLINTON AS PRES. CREATED THE HOUSING CRISIS WITH THE CRA, FORCED THE BANKS TO GIVE LOANS TO PEOPLE WHO COULDN’T AFFORD THEM & CAUSED THE BANKS TO COLLAPSE. THEY FORCED BANK OF AMERICA TO TAKEOVER THE CORRUPTED COUNTRYWIDE & NOW ARE MAKING BOA PAY FOR THEIR DEBTS. DOES THIS MAKE SENSE? JUSTICE DEPT IS NOW FORCING BANKS TO PAY SOMEONE ELSE’S DEBT THAT THEY FORCED THEM TO ASSUME. NOW YOU CAN UNDERSTAND WHERE THE MONEY TO REFINANCE ALL THOSE POOR PEOPLE’S MORTGAGES IS COMING FROM. OBAMA HAD HIS HAND OUT TO THE BIG BANKS & NOW THEY ARE GOING TO PAY TO GET HIM RE-ELECTED ALL OVER AGAIN, INDIRECTLY! THI IS LIKE BUYING A RESALE HOUSE & THE JUSTICE DEPT TELLS YOU ARE RESPONSIBLE FOR THE PREVIOUS OWNERS DEBT. IT’S ALL ABOUT REDISTRIBUTION OF WEALTH. OBAMA EXTENDED THE BUSH TAX CUTS DURING A RECESSION KNOWING THE PEOPLE WOULDN’T GO FOR INCREASING TAXES ON THEM, ANOTHER POLITICAL MOVE. BUT HE ALWAYS COMES UP WITH ANOTHER METHOD OF ACCOMPLISHING THE SAME THING. EVERYTHING HE SAYS & DOES IS A POLITICAL MANUEVER.

minnie

REMEMBER, ANYTIME A DEBT IS CANCELLED OR FORGIVEN, you are required to report that amount in your income tax return AS INCOME THEN YOU WILL PAY TAXES ON THAT. You would receive a 1099-C and I R S would also receive one FROM THE BANK OR WHOEVER YOU OWED THE MORTGAGE. Forgiven does not mean like free, look it up. Remember nothing is really free in this world, you always pay with your money or your freedom or other ways.

Char

The forgiven debt doesn’t need to be reported if you fall within a certain bracket.

sperlow

Minnie, It’s true you receive a 1099-C showing the debt was cancelled. However, at the same time you report that on your tax return, you file a form that says “at the time this debt was cancelled, I was insolvent” — That’s it — you just sign saying that was true. You don’t have to prove it or show anything else — just sign the form. So the big scare from the banks and mortgage companies that you will be taxed on the debt deficiency on your tax return is a bunch of bull. Oh, let me be surprised!

Homer

The debt is NOT FORGIVEN. It is merely put back into the proper perspective of the fact that the people who bought your mortgage got it for a lot less than you owed at the time of default. The new mortgagor can opt to give you a break because he can afford to appear very generous. The loser that sold the paper to him has already been bailed out by the regime. (read You the taxpayer) BO has nothing to do with it. It is a big scam to re-distribute the wealth. And the wealthy are in on it. (read banksters)

JoJo

If you think Obama is acting against the Constitution now, just wait when he’s voted office along with the democrat majority in the senate…it will make the 2010 lame duck session look tame. That is, IF we are allowed to vote in November.

Doris Fitch

Your right, this is all about redistributing wealth, implementing UN sustainable development Agenda 21. He’s already received an award from the UN, Nobel peace prize. Every thing he is doing via the EPA can relate back to Agenda 21. The excuse is global warming. It effects the economy, social justice & environment. By the time it’s over we will be a communistic one world gov. I found out about it online, no media or politicians are talking about it. The politichicks have a video about it also web site “democrats against agenda 21″. This info needs to get out because both older Bush signed on & Clinton so we need to be aware before we elect a republican pres nominee!

cwgf

If we don’t impeach O’Surper in the House, then we are no longer a nation ruled by law. We should do everything we can to impeach this enemy of America for his traitorous crimes, forget the political tit-tat. If the Senate chooses not to convict him, they will reap the reward of their folly. But at least we will be able to say we did our best, and be able to live with ourselves.

Herr Capitan Fick

The Republicans and the Democrats are eating out of the same troff! The uppers are pulling the strings! For some reason the publis isn’t smart enough to figure that out. I contribute it to sleeping toooo long!If you talk to people, especially to the young people that have no idea what’s going on! Your country is gone, the boldness of these foreigners and politicians prove this! Americans are walking around like zombies! They have let tooo much go for tooo long and now they have lost control of the Unions, borders, politicians and country! The country is lost! It is lost to the thugs and foreigners!

Maritza

When is somebody going to do something to stop this dictator? hugo chavez got rid of the military!!! Because the military was going to kick him out of the country! obama has learned from the best dictator in America… now obama IS better than chavez and castro together…. I am sick of this clown!!!

Herr Capitan Fick

Your really going to be sick of him when he does another Four years in the W H. The women, children and most men are in the government camps now! Very soon they will pray to the government because you will soon die off! Your lack of raising, teaching and in general your lack of guts, backbone have let the few with brains and backbone teach them for you! I’m not just talking about the school teachers, I’m talking about respect and general life! Now take your drugs, watch your sports and go back to sleep, your country is lost!

Yogi571

The President is arrogant and defiant. He relies on his race for protection against those who oppose him. He has Holden placed so that no law suites will negatively affect him or the next election. He has his people representing us at the United Nations to stymie us. All he has to do now is add one more to the Supreme Court and he is free to be the dictator for life.

JoJo

It’s not just Obama that depends on his race for protection, it’s the entire democrat party and the media.

Sharon

You are so right. Obama, the Democraps and the Obama Worshiper Lovers Media only uses his black heritage to scream Racism. He NEVER even speaks of OR claims his white heritage

Sonja

Lets face it, our Country needs a Navy Seal Sniper.

Jek Silberstein

Oh, NO! We can’t have that! NEVER! Biden’d probably declare martial-law, and they’d scoop the guns, and Biden’d RULE, a FEMA-supported dictator for life. What I can’t understand, is WHY Nobama’ll pick Hillary as his Vice, this time, because I think the Clintons WOULD HIRE that Navy guy, once nobama/Hillary’s elected. To pick Hillary is to pick your death warrant, IF you’re nobama, imo. Bill’s capable of “handling” all this,–she wouldn’t even be in the loop.

Herr Capitan Fick

Your country needs much more than a sniper! You can kill these people off and like shark teeth another one slide in it’s place! Tooo many people in the back ground pulling strings! Been pulling them for a long,long time! Take your drugs,keep your P C sharp go back to sleep, it seems to be what the American public do best!

Homer

You know if I were the “best Sniper in US history” I would be looking over my shoulder.
Hope the SEAL doesn’t get turned into an Oswald scapegoat. Wouldn’t be surprised.

buzz

I have wrote my reps here in Okla. the only one I hear from is a Dem with the same old story, im not on that commitee but if it comes to a vote I will keep your conserns in mind. BS I say lets get rid of all them sorry a$$ people and start new and live by our constitution. Lets do away with the welfare for drug addicates, and people who want to have more kids than they can afford. Im tired of supporting all the dead beats in this great country. The only exception I would have is to take care of our elderly and all our disabled vet who cannot work,everyone else work or starve. We better wake up or its going to be hello socialism good bye america.

James D. Burke

Why – O – Why is our Congress sitting on their hands and talking nothing but nonsense while the elected president wrecks our economy, our military, our finances,our electric grid, our coal mining industries and paying so much homage to Muslims and their Brotherhood? Why isn’t this president sitting in jail rather than the Oval Office?

Hipockets

Could be because the CIA has his back and NO ONE dares to do anything,because they will pay the price’

Johnnygard

James, It’s real simple. The Republicans are smart enough to know that the (Democrat) Senate would NEVER convict Obummer in an impeachment trial. (See what I said above) A President cannot be arrested while in office, and of course with Eric Holder around, it wouldn’t happen even if it was legal.

James D. Burke

Jonnygrad, you have a good point. What my greatest disappointment is that congress has ceased to be the advance guard for the nation. They have tolerated presidents who have operated on the edge and failed to censure when they have usurped the power of congress thru Executive Orders. “Livid” is the only word which describes a huge segament of Americans by what is being allowed by the Executive Branch. “Deleterious” is the word which best fits what the Executive Office is bringing on America while congress croaks out another compromise.

minnie

Because THE SENATE is controlled by democrats anything that passes thru Congress has to go to the Senate, those democrats will stop it. Make sure you vote Republican for the Senate and Congress in 2012 but vote Republican for president.

http://PatriotUpdate Clinging to My Religion and My Guns

Why? Because they are all neck deep in it, that’s why. This is what happens when you keep electing Lawyers, NOT Leaders!!!

Herr Capitan Fick

You still don’t get it yet, now do yooou!? They eat out of the same troff, string pulling. Americans asleep, greed, me first, it’s the people’s fault, lack of backbone, stupidity, lazy lack of brains and backbone! Christians strongest and biggest group in the country meeting 3 to 4 times a week least of backbone! Like you, always looking for someone else to do it for you!!! Go back to sleep! Your country is lost!!!!!!

dre

I have helped numerous folks save their homes. It takes a special person to
complete these forms properly. The sad part is it’s rare to get an approval for
someone that sells their soul and pushes credit cards etc., to hilt staying up
to date with investors. This group is the one that needs relief but will end up surrering the most.

The Dem. party started the loan boom and cash & not one is in prison. This might be a Dem. party bailout i.e., get out of jail free pass deal.

Herr Capitan Fick

Depending on your mentality. They can show it to you, but they didn’t have to take it! Like a horse, lead it to the troff but you can’t make them drink! They led them to the troff and they were stupid enough to drink the Kool Aid! Can’t help it they’re stupid!

Stupid and gutless is not curable,avoid it, it can have negative results, even fatal!

Stupidity is a pre-existing condition!

Everyone is entitled to be stupid, do the Americans think it’s necessary to abuse the privilege…

Okole

The collective stupidity of Patriot Update commenters is getting even more STOOPID .

Johnnygard

Since Jan 6 at 12:56am.

James D. Burke

What can we expect when immorality is sitting on the throne? Our Congress is just as immoral as Obama by tolerating what Obama is doing in his immorality. One doesn’t dare mess with ones “soul mate.”

Hipockets

Well,I’ll take the $$$ to help with my mortgage,I figure he owes it to me for all he’s cost me,my family,and this country. But I sure as HELL wont vote for him. My vote can’t be bought.

wayne

Take the money and don’t look back. I don’t blame you and no one else should either. Unfortunately, a move like this will buy the O-Man millions of votes. We’ve reached the tipping point where more voters vote for a living than voters who work for a living. I’m afraid America is lost. Now we can take our place between Italy and Greece.

minnie

What money? he did not say he was giving you money, he said you would be forgiven for the loan that you owe. All it means is that bank will not go aFter you but will send you a 1099-C and also to the I R S. THAT AMOUNT OF MONEY YOU OWE YOU HAVE TO CLAIM IT AS YOUR INCOME, in yout Federal Income tax return. Since someone has to pay for it, the bank claims it as a loss in their RETURN, BUT YOU CLAIM IT AS INCOME. PRETEND THAT THE MONEY YOU OWED YOU STILL HAVE IT IN YOUR POCKET, because you kept it and did not give it to the bank. SO THE BANK WILL NOT LOSE, WHY SHOULD THEY? So the money you think you will get you already got it when you did not pay, you kept it. Look it up, look up 1009-C in the I R S web.

minnie

If you are forgiven in 2012 than you report it in your tax return in 2013 when you file your return 2012 income tax return, by this time you have voted for him in 2012, too late.

Herr Capitan Fick

I just heard on the news a student say he voted for Obama because he could get on his parents medical plan till he’s 27 years old! I think it’s me, my and I thinking. Always me first! You people taught your kids this stuff, now live with it!

Larry

i can’t help but wonder if people are paying attention to anything other than their bank balance and their self imposed ranking on the “enlightenment scale”… suicide, either mortal, military or economic, particularly when imposed without consent, and opportunistic in the illusion of humanity, and its grandest folly, entitlement, has unfortunately and incredulously, been lauded… similar to the higher value placed upon the much ballyhooed dignity of an enemy assailant, than the truly innocent lives of the thousands, perhaps more, which that assailant seeks to take… just as critical, just as delusional, just as deadly…

Herr Capitan Fick

Tone it down a little Larry, most of these morons don’t know their butts from page Eight! You really expect them to understand that?

Ramiro

People , I feel for you but bottem line unless we aline ourselves with the TEAPARTY or an organizaion ” AS A GROUP TO STOP THE ” CONSTTUTIONAL VIOLATIONS ” ## 1 !!! this LAW VIOLATER , in our FACES WILL WALK ALL OVER YOU !!! AND ME !!!!… I AM READY TO TAKE THIS MARXISST ON !!!!! , THATS THE ONLY WAY THAT HE CAN NOT, ” BREAK US< " THIS IS FROM : PUT DOWN MAKES ME FEEL< AND HIS CRONIES ‘ DOWN AND OUT ‘ NOW !!!!!!

Herr Capitan Fick

L O L. you will stand mostly alone. The few that will stand with you, the government will squash them like a bug!

DaddyD

So why don’t our party do something instead of eating our own siblings. The ad money against each other should be used to lay out facts of what this goof is doing to all of us. We are guaranteeing another four years to the poorest excuse for a President one could imagine. Perhaps a study of other tyrants should be required ad material. Unbelievable. The Myan’s must have known this idiot was coming.

Ramiro

EDIT AND CORRECTION ON MY LAST ” LINE ” , PUT DOWN MAKES ME FEEL < AND WE HAVE TO " PUT DOWN AND OUT THIS PRES. AND HIS CRONIES NOW !!!!!!

ALRUI

The picture at the beginning of the article showing BO carrying pizzas is great, it illustrates what this bozo is really qualified for – pizza delivery guy! No offense to hard working delivery people!

http://PatriotUpdate Clinging to My Religion and My Guns

Yeah, but you would get charged for a whole pie and get only three pieces. The rest would go to Illegal Aliens and Lazy Liberals that have that delusional attitude of entitlement, that all Liberals are weaned on, in exchange for their vote.

cwgf

You and I paid for that pizza too.

steve

Does anybody understand that FDR is a role model for Obama..words from his own mouth. FDR did this with jobs and taxing the rich to give to the poor for votes. Now O does it with home mortgages. Also all this Gov’t spending is Keynesian economics (Keynes was an advocate of government intervention)which is what FDR followed prolonging the Great Depression. Only FDR’s death in office and WWII saved us.

Does this ring any bells? You fail to learn from history then you will repeat it!!!

Nick

The old sound clips of Newt.

Herr Capitan Fick

They have to give a helping hand to these illegal invaders! Feathering their own nest! They want to soon stamp out the Republican Party and the Republicans are helping them just a little at a time! Soon it will happen!

Kitty

He’s selling his soul for the presidency. That is so very pathetic. How can everyone not see the weaknesses in this person – I can’t call him a man. He’s a vindictive child. He’s helping no one but himself. Should he win the office again, God forbid, he’ll just go back to square one. Vote with your eyes wide open, people.

Herr Capitan Fick

Kitty:

Your thinking with your heart, not your head! Obama wants to further the higher ups agenda, make his place in history, pick up a few dollars while he’s at it! They groom these people especially for this! They want to put this country in a certain place in time but they have to do it a little at a time! Now come on, just think a little!

Homer

Yea know, Capt Flick, if you would change your tone abit maybe someone could take you serious. You get no where talking down you nose so much except to sound like a snooty nosed liberal. Tone it down a knotch. I think you may have a lot to say but it gets covered up with agravaition before you get to the point.

catfish

What you are going to get from the mortgage company is a statement of how much interest you payed for the prior year. You will not get anything that says to report anything as income. That being said, bailouts of any kind is theft from Tax payers. When 51% do not pay any taxes, it is also theft from those of us that do.

Herr Capitan Fick

Just keep paying, you people have plenty of money, sell your stocks, sell your big cars, move into a smaller house! Put your Five year old out to work. Be sure to give a little extra when you pay your taxes, Twelve Million Plus illegal aliens are depending on you! Don’t forget the governments and drug lords in other lands, they also need a helping hand! You people will pay dearly for your impertinence…

Homer

Here yea go again. Are you even an American? If not bug off. You are just stirring the pot for naught.

Nick

People seem to forget the old saying, “Nothing is ever free”. There is always payback in anything so called FREE.

Nick

And it’s usually paid back by those who play by the rules and have morals and ethics!

ctc wilson

Janice Joplins old song.. “Freedoms just another word for nothin left to lose, and nothin ain’t worth nothin if it’s free.” Obama is a communist. The current “democraps” are communists, Fabian Socialists/Communists. What the efk are the American people thinking? They are not!

ctc wilson

WE are all over the place here. Why stray from the most obvious, and that about which we can ALL be on the same page. Obama is a communist. He parents were avowed communists. His grandparents were avowed communists. He best and closest friends are communists. His “preacher” was Wright. How soon we forget, and how easily we are swayed. Obama is a communist. His parents were communiss. His grandparents were communists. Obama is a communist. Hello?

Eyeswideopen

If I say something negative about President Obama I am a racist. I tell people I only don’t like his white half, but I don’t like all of his political ideas. I didn’t like Jimmy Carter, either. If I say something negative about Pelosi I am a sexist. I don’t like Harry Reid either. I don’t care about color or race, I don’t like the Socialist beliefs. And they ARE Socialists, not communists. Please look up the difference, just not on Wikipedia.

Jacqueline L

I will take the help, as one in an underwater mortgage through no fault of my own.
BUT I WILL STILL VOTE FOR A ROCK BEFORE BARACK. HE CANNOT BUY MY VOTE!

Homer

Amen Jacqueline… Why not? The SOB’s have already stole from us taxpayers to bailout those banksters that didn’t beat the burst and the purchasers of those discounted loans can damn sure afford to give us a break. Some of the working class people need to get a bailout like the rich banksters and insurance companies, auto maker’s unions. Were all paying for it in the first place. It is kind of like getting mugged and robbed and getting your wallet back empty. But giving BO any credit for the paybacks is like honoring the SOB that mugged you in the first place.

http://www.patriotupdate.com grannie gookin

I have tried to get my loan refinanced they wouldn’t do it. I bably needed help.

wdf

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”

T. Jefferson

seta

Just another BIG bank bail out. PURE AND SIMPLE

canemah

Boy, do I feel like a fool for paying off my 4yr old mortgage in 08 when forclosures started gaining momentum. That’s what I get for considering it as a home and not an investment.

http://Patriotupdate KaringKaren

Obama has done everything to take this Country Down
& he is pure EVIL….there is hope as GOD is watching from a distance…there will be Justice!!!!

cwgf

Maybe God gave us Obama to teach us a few lessons.

George V

Hay he had said it from the begining. Share the wealth and everyone bought into it enough to vote this vacation taking New World Order puppet into office. They thought they too would get a free ride and you know what, some of them are getting a free ride. Free cell phones, free healthcare for immigrents and their children born here for up to five years, free unemployment checks for up to two years and so on. The working class is getting screwed and they know it. The idea is to get ride of the working class so that they can have those that are poor being controlled by th rich. They know exactly what they are doing.

steveni

Can’t we already refinance now? Why do we need Obama to give us His Blessing and take the credit for something I already can do? He will take credit for do something we already can do ON OUR OWN.

Homer

Absolutely Steveni. If you can get a mortgage go for it. I recommend OCWEN, they seem to be most reasonable and user friendly. Watch the movie: “Margin Call” before making attempts to get a new loan. It will give you insight on why they SHOULD give you a break. Chances are you may be with a company that got a bailout or who bought your paper for 60 cents on the dollar. Either way they can AFFORD to be helpful with you.

Nanette

God forbid that Obama get re-elected but I believe he will. Number one, just before his election he will do something with Iran, after he has done nothing for 3years, the country will rally around him. Number 2 if he gets re-elected the term limit will go back to 3 terms, bet on it! He will do everything to get re-elected even make sure there are plenty of fake ballots. Number 3 with the electoral college the way it is, he can get 29% of the popular vote and still win…need to read up on how the electoral college works!

cwgf

I think you may be right. Look at the averaged job approval ratings on RealClearPolitics.com. I was baffled that half the country supports the Usurper, until I realized it’s probably the same half that pays no taxes at all. With the Republicans cannibalizing one another, we will probably be served another 4 years of the Usurper. And you’re also right…we wants to be President for Life. He and Michelle love the perks of the job.

cwgf

Also, the Usurper doesn’t need to get a majority of honest votes to win. He has all those cemetery residents he can count on to make up the difference, and they vote 3-4 times.

Don

Let’s see, we need 1.2 trillion to reduce home payments so people don’t have to pay so much by taking money from other taxpayers. Now this drives up the deficit which now creates more debt on a national scale. Now government can’t pay the bill so we take another shot from Obama saying it’s Bush’s fault……
What a bunch of crap. Obama needs to stop!!

tmt

obama is using the same methods of taking control that Hitler did. Everything he does is for “the good of the country” yet it always requires more of our money and freedoms. Allowing obama to go around congress and act like a dictator is a recipe for disaster. Obama is appointing his own people just as Hitler did. When the big takeover comes it will be like Chrystalnacht when Hitler sent his nazis to get rid of the state army once and for all. I wish people would study the history of HOW Hitler was able to take power over Germany. He built a web of lies and deceit just as obama is doing now. what I cannot understand is why congress is not doing anything about it.

Von Starkermann

Kristalnacht had nothing to do with Hitler’s elimination of the Wehrmacht(German Army) Crystal Night meant the burning and destroying of the Nation’s (Germany) Synagogues. I doubt that Obama will destroy the USA’s Synagogues in that 78% of eligible Jewish voters voted for this obvious Anti Semite.

Von Starkermann

Lots of talk on this site, but little action. Lots of angst, but no one is willing to recall their congressmen and woman who refuse to follow the Constitution and obey the laws of the USA. Republicans and Democrats all belong to the same tired “old boys club” Both Parties are one of the same and it makes no difference whether Obama gets elected or not. The same baloney will still be in charge of our daily lives. I say take the Governmental mortgage bailout. It’s either you and I or George Soros who gets the money. I would rather it be you and I.

http://AUTORECYCLINGMALLNET TOM

THIS IS THE FIRST TIME I’VE BEEN INTERESTED IN POLITICS.YOUNGER DAYS TOO BUSY PUTTING FOOD ON THE TABLE AND LIVING LIFE.NOW THAT I’M OLDER MY CONCERNS ARE MY CHILDREN AND GRANDCHILDREN.GET ACTIVE,TALK TO YOUR KIDS,FRIENDS AND ANYBODY WHO WILL LISTEN.IT’S NOT TOO LATE IF WE ALL VOTE AND GET INVOLVED

Capt. Link Hogthrob

“Obama Plans to Forgive Mortgages?”
“The problem with socialism is that eventually you run out of other people’s money [to spend].” Margaret Thatcher (1976)

pikemaster

When anything is forgiven ,the IRS will put thier hand out to collect what has been forgiven. Try and deal with a lawyer over a loan that is behind or a creditcard etc. and if they make a settlement for a lesser amount,the IRS Will come in and hit you for the differents in which has been agreeded to cut off the total amount due.The IRS would be on the homeowner for the anoumt knocked off the mortgage amount and you would save “NOTHING” ! There’s always a catch when you deal with the Gov. Be Careful if it sounds too good to be true ,it IS ! God Bless

cwgf

The IRS will tax you on what the Almighty Federal Govt deigns to “let” you keep. The Founding Fathers would not recognize their nation if alive today.

DisgustedinTexas04

He can’t buy my vote. We pay almost $800.00 a month on this house. It was built in 1946. Needs so much work. But had to take out a SBA loan two years ago. After Hurricane Ike,the roof needed replacing. Our FEMA didn’t begin to cover even 1/3 of the costs. My point-We would love to refinance. We are on Social Security and a fixed income. However this is just another way for Obama to buy votes. If you can’t cheat your way back in-buy it! That’s deplorable.

JoJo

Sorry, but there is this thing called insurance that is supposed to cover people from tornadoes, hurricanes, floods etc. Many people CHOOSE to live in coastal areas, earthquake and flood zones and CHOOSE not to buy the proper insurance because they know the government and taxpayers will BAIL THEM OUT. I live in an area where sinkholes occur frequently. Guess what? I have insurance to cover it!! If I didn’t, I would be THANKFUL for the taxpayers picking up 1/3 of the tab.

Ali-G

Well, imagine that, yet another lie….and the fact that anyone would believe that this man has a magic wand that can actually make this happen is brainwashed … just like the OWEBUMMER’s word “CHANGE.” Anyone who voted for this word is truly brainwahed, plus stupid & ignorant or believes media – biased media. What is being done with this administration is the beginning of the destroying of America and America’s end.

john

On the way to school this morning, I explained to my 12 yr old grandson what wealth re-distribution was. I told him he must share his A in science with another student who has an F so both of them can be equal and have C’s — for some reason, he didn’t like that idea…

cwgf

Excellent! I hope you don’t mind if I use this elsewhere.

TooToo

As much as I’d looooove to have my home mortgate paid off, I would bite the bullet and pay it off or re-fi my self. If my home were paid off by bho and the government, I would always be looking behind me to see when they are coming to take it back as “theirs, bought and paid for.” Free from the governent is never truly “free.” They’ll take it back as soon as the timing is right.

Insurgent

Typical chigger———robbing taxpayers to buy votes !!!

http://adrianvance.blogspot.com Adrian Vance

As usual, Rush is “on the cutting edge of societal evolution.” He is dead on right about the Obama erase the foreclosures plan. It is more buying votes with other people’s money.

Yes, and I’d modify it slightly to say that the Usurper is buying your vote with YOUR money.

proudamerican

Q: who would pay for obama forgiving mortgages?
A: the exact same people that would benefit.

Could this just be yet another obama scheme to buy votes prior to the election? Bet on it

Merlin

How can he forgive something that he does not own? If he held all these mortgages he could indeed forgive them. But he wants to force others to forgive them using other peoples money. The end result would be another downgrade of the economy. This would add to his ultimate goal of destroying the U.S. economy and the country. (Beware of Creeks bearing gifts.)

loveamerica2

This individual who has claimed the office of President, is not an American. As far as I am concerned, the last 3 years have been a black hole in American history. Nothing to do at all with his color. He’s not even black. The best thing we can do in 2012 is vote and vote for an American in all offices.

Dallas

Using other peoples money, consider this: It is said that the Obama Campaign will spend a billion dollars. Is it really possible to raise a billion in campaign contributions? I personally don’t think so.
Let’s look at some facts then. Obama, by executive order canceled 2 years of Social Security increases, said to have been 500 million. At the same time, Stimulus packages given to the unions, Auto, teacher’s, SEIU and etc.
I think the possibility exists that they being huge supporters and contributors to his campaign, were given that money with the stipulation to make very “heavy contributions” to his 2012 re-election campaign. In other words, using ‘other people’s money. If not, then where did the 500 billion go?

cwgf

Here are some quotes by Alexis de Tocqueville, as relevant today as they were 200 years ago when he said them…

“There is in fact a manly and legitimate passion for equality that spurs all men to wish to be strong and esteemed. This passion tends to elevate the lesser to the rank of the greater. But one also finds in the human heart a depraved taste for equality, which impels the weak to want to bring the strong down to their level, and which reduces men to preferring equality in servitude to inequality in freedom.”

“The best laws cannot make a constitution work in spite of morals; morals can turn the worst laws to advantage.”

“I studied the Koran a great deal. I came away from that study with the conviction there have been few religions in the world as deadly to men as that of Muhammad. So far as I can see, it is the principal cause of the decadence so visible today in the Muslim world and, though less absurd than the polytheism of old, its social and political tendencies are in my opinion to be feared, and I therefore regard it as a form of decadence rather than a form of progress in relation to paganism itself.”

“Socialism is a new form of slavery.”

“As for me, I am deeply a democrat; this is why I am in no way a socialist. Democracy and socialism cannot go together. You can’t have it both ways.”

“Democracy extends the sphere of individual freedom, socialism restricts it. Democracy attaches all possible value to each man; socialism makes each man a mere agent, a mere number. Democracy and socialism have nothing in common but one word: equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.”

“The most dangerous moment for a bad government is when it begins to reform.”

“The Indian knew how to live without wants, to suffer without complaint, and to die singing.”

“‘The will of the nation’ is one of those expressions which have been most profusely abused by the wily and the despotic of every age.”

“A democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”

“The Americans combine the notions of Christianity and of liberty so intimately in their minds, that it is impossible to make them conceive the one without the other; and with them this conviction does not spring from that barren traditionary faith which seems to vegetate in the soul rather than to live.”

“Despotism may govern without faith, but liberty cannot. How is it possible that society should escape destruction if the moral tie is not strengthened in proportion as the political tie is relaxed? And what can be done with a people who are their own masters if they are not submissive to the Deity?”

“After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the government then extends its arm over the whole community. It covers the surface of society with a network of small, complicated rules, minute and uniform, through which the most original minds and the most energetic characters cannot penetrate, to rise above the crowd. The will of man is not shattered, but softened, bent, and guided; men are seldom forced by it to act, but they are constantly restrained from acting. Such a power does not destroy, but it prevents existence: it does not tyrannize, but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is the shepherd.”

AMR

Your Grand ole Democratic Party has been infiltrated with Socialists and Communists.
You had better make some calls to your fellow voting friends and tell them to vote Republican to save our country, Then filter all of them out by order and get them out of your dem offices. Time to come to the aid of your country. Once you have completed this mission you can go back to voting dem.

cwgf

I’m not a Dimocrap! Read this again. Have you ever heard of de Tocqueville? This was written in the 1800’s. I am a Tea Party conservative small-government Republican!

AMR

I’m so sorry! I’m just so frustrated and I read that “he” was a democrat.

cwgf

No problem! I wish I could edit that part to make it clear, my friend. Take care.

guest on this planet

Let soros , and hollywood and the demonratic party pay for this , Im sick and tired of being bleed as a taxpayer having to support a welfare country

SteveB

What forgiveness? This is nothing more than a government sponsored refi and they don’t even say at what rate. 1%? 10%? This is a blatant open bribe for votes. I would hope the public was smart enough (and not sooooo greedy) that they would be offended by the dictator-in-chief bribe that they would vote for a president rather than a socialist. I’m so desperate I’d vote for Romney; but only as a last resort.

cathy

Trying to do this just to try to get votes. People better wake up. Anyone who votes for him are not to smart. He is trying to destroy America. Are people so blind they can see this. Open up your eyes before it’s to late.

daves

President Obama is not trying to destroy America.

You need to take your blinders off and stop believing all the lies that are told about the President. Do some research, don’t just trust people to give you the truth.

Dallas

Prove it!

daves

I am glad to prove it. What is one thing you think the President has done to intentionally destroy America?

Bruno Boccagalupe

SPENT<SPENT<SPENT…took over car companies, tossed out the investors gave cos to unions.873Billion tarp for shovel ready jobs,then the sob laughed that they weren't shovel ready. Healthcare selectivly killing tyhe too ill, and too aged. Destroying the military. Gone all over the world apologizing for us. Dumbass went to japan to apologize for Hiroshima and Nagasaki. Refuses to allow pipeline from Canada for oil that we need, and will provide thousands upon thousands of jobs the country needs.

now you tell us all what it is that the Kenyan has done good or for the countrys best interest.

william chester

prove it. Do some research, he is tainted, crooked, an imposter. Noone can remember him from any schools including colleges, he does not know the principles America was founded by. A real phoney, don’t listen to his lies, judge him by his actions, he is a real imposter.

Johnnygard

daves, EVERY aspect of the economy is WORSE than it was when he took office three years ago. So we say he did it intentionally and you claim he is just incompetent?

Doug Rodrigues

I’ll answer that. Obama is circumventing the Constitution by imposing his will on the car companies, the banks, the mortgage companies, and the health care system. Obama makes no secret of installing Marxists, Communists, and Socialists into governbment positions. The question ia WHY? The answer is obvious…Obama wants to overthrow the Constitution. For what reason is Janet Napolitano asking for bids from private contractors to build FEMA Detention camps in all 50 States? Did she dream that up on her own? Who can be expected to be imprisoned in those camps? Us? If the illegal aliens aren’t to be arrested, then who?

Mike G

Far easier to list the items on his agenda that pass the Consitutional smell test.

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Play2k

Trillions in debt, Trillions in borrowing, Trillions in Cronyism, Bogus bankruptcirs, stripping sahareholders of their holdings and retirements, Iran and NK firing missiles, warheads, backing the muslim Brotherhood, Losing Iraq, gibing away our defense shield for NOTHING in return, Document dumps, Spending TARP (it was sup[posed to be a FUND to calm the markets by being there), Obamacare/Pelosicare, Biden, Class warfare (Marxist rhetoric) — What more would you like?

duke

You need to get your pea size head out of the sand.

Boletero

Daves eres un agujero de upite, pero grande!

Greeting and salutations….

gator

are you completely retarded? he is the first president to hide his entire past from the world! that alone should be enough evidence for you! try reading “dreams of my father” but do not buy it! get it from a library! this pig has enough of our money! he states in this book his hatred for whites and great britain and the colonies, including us and all democracies! he is a kenyan born muslim socialist traitor! wake TF up! you and the rest of the rip van winkle morons will destroy us all! every day this pig grabs more power and circumvents the constitution and the congress while you cheer him on! in november he will stop the election and declare himself king or we will see the most massive voter fraud in history! have you watched recent events unfold in Russia? pay attention!!

CobraVNV

Could’nt have said it any better gator. People aint had their act together sense the Vets returned from Viet Nam. And they had better get some back bone, Or watch their kids and grandkids pulled into a liberal led lifestyle That they are totally in agreement with. By letting this Kenyan Missing Link Destroy this once great nation 1 Constutional amendment and 1 Bill of Rights at a time. NEWS FLASH America. Once it was for the people. Now it is The Hell With The People. Thats what you voted into office in your liberal Demo-Rats and RINO’s. So you live with your mistakes. But at least have the GUTS to stand up for your kids and grandkids. Wheres YOUR PRIDE? Mines still in the America that I happen to LOVE.

Jackson TX

Nailed it gator. The socialist worms are crawling out of their pits to help him finish the job. Never mind impeachment, that would require evidence of high crimes or misdemeanors – he has been very careful to cover his tracks like a cat covering his droppings…

Mona Callender

did you just arrive on earth?

Rick W

Dave, sorry about your loss of vision. I’m at least fortunate enough to have your so-called tunnel vision. I can still look out and see what’s left of America “Before Barack” albeit substantially dimished, there is still a glimmer of hope. For you there is only despair in your future if we continue riding the Barack Bus.

Emily Hofbauer

Cathy: I understand what has been happening and I feel that refinancing to an “affordable” mortgage would help the people who will help the economy. However, I couldn’t accept this jargon any other way then to have this happen before election with a full-proof guarantee. The government had no right to squander the people’s money for the Bank’s survival, when the Banks were surviving by gouging the people.

Mona Callender

when did we all turn into the green eyed monster, 2008???? get a clue obozo is destroying this country and be careful what you wish for.

Jerry

Did anyone not see this coming? A “chicken in every pot,” and the American people fall for it every time. Without a doubt, we will have Obama for four more years. Why? Because the Republicans are IDIOTS! First, they give us John McCain, it does not take a hero to get shot down, and then Newt the Grinch who got shuffled out of Congress because he is the incumbent insider who hates everyone; with his track record please give me Hitler and then I know exactly what to expect. And then there is the “ain’t I looking good” Romney fat-cat. The Repubs haven’t had a new idea in generations, and every time they open their mouths they prove it. At least poor old Ron Paul does say what he believes. Is there not a true Patriot and honest man left somewhere out there in America. Where is Fred Thompson when we need him? At least he was a convincing actor.

Curtis

Please learn how to write before you make a post. You sound like an idiot.

Mona Callender

i truly agree Dave sounds like he went to the same school you did..

DH

Chuck Woolery for President.

Fantastic !!!

Back in the August debates, former Speaker Newt Gingrich said some pretty prophetic words about the Washington Supercommittee, which never did come to a bipartisan agreement.

Gingrich said:

I think this ‘super committee’ is as dumb an idea as Washington has come up with. The idea that 523 Senators & Congressmen are gonna sit around for 4 months while 12 brilliant people, mostly picked for political reasons, are gonna sit in some room & brilliantly come up with a trillion dollars or force us to choose between gutting our military and accepting a tax increase is irrational. They’re gonna walk in just before Thanksgiving & say, ‘We can shoot you in the head or cut off your right leg, which do you prefer?’

In that same debate Gingrich suggested they scrap the committee & assign every subcommittee the task of finding savings, adding “And they should do it out in the open through regular legislative order and get rid of this secret, phony business!”

Somehow, at the last minute, they’ve reached some type of compromise. For months the Democrats refuse to cut entitlements but feel very generous in cutting our military budget and the GOP refused to raise taxes. Meanwhile we’ve been stuck in a dangerous downward spiral that had already caused our credit rating to drop this summer.

So now, supposedly, we get the Keystone Pipeline project back. If Obama is truly serious about jobs creation, it’s the only thing that makes any sense. Before the compromise, the previous deal was that the oil deal from Canada was “delayed”, despite the fact that supporters said the pipeline could significantly reduce U.S. dependence on Middle Eastern oil and provide up to a million jobs.

Ironically, I kind of wish the folks in Washington had consulted with Conservative game show host Chuck Woolery months ago about balancing our budget. In a very straightforward, common sense way, Woolery recently created a video offering ways he proposes to cut out some of the PORK from our budget, including the following cuts:
•$90 million free mail for Congress
•$146 million per year 1st Class Airfair Upgrades for Federal workers
•$3.6 billion per year to run the UN
•$200 million travel allowance for President
•$30 billion farm subsidies
•$30 billion department of energy
•$1 million per year for albino squirrel studies
•$77 billion Dept. of Education
•$10.7 billion per year Environmental Protection Agency (GREEN HEADS SPIN!)

I also believe it’s time we work on eliminating aid to foreign countries—beginning with all the Middle Eastern countries that DESPISE the United States and want all of us dead.

I looked into how all this foreign aid got started and it basically began in a good, positive way with the Marshall Plan about 50 years ago.

Originally, the Marshall Plan sought to help the suffering people of Europe rebuild their countries which had been devastated by World War II. However in 2011, foreign aid doesn’t help the US. Acc. to an MSU report:
•Over 2 trillion dollars has been spent on US foreign aid since World War II; this amount equals 40% of America’s national debt.
•It could have been used to fight poverty in the US.
•Giving out foreign aid does not improve our national security. According to the chairman of the Senate Foreign Relations Committee, many countries that receive US foreign aid often oppose pro-American actions and resolutions in the UN.
•Pakistan is suspected of using US aid money to finance their nuclear-weapons development program.
•Billions of dollars of aid have gone to the former Soviet empire, which fought a Cold War with us for 45 years.
•American taxpayers, the people who have had to foot the bill for foreign aid programs, overwhelmingly oppose foreign aid and favor large cuts in it.
•US foreign aid has not helped the countries who are recipients. According to a Clinton Admin report, most of Africa & parts of Latin America, Asia, & the Middle East are economically worse off today than they were 20 years ago, despite receiving significant amounts of US foreign aid.
•According to the UN Development Program, 70 developing countries that are aid recipients are poorer now than they were in 1980; 43 are worse off than they were in 1970.
•According to the US Agency for International Development, only a very small fraction of countries that begin to receive American aid in the 1950′s and 1960′s have become economically non-dependent.
•Foreign aid increases the likelihood that the recipient government will embark on inefficient spending instead of research and development, and investment. In fact, about 75% of foreign aid money goes to into bureaucratic institutions, solely helping the elite (not the truly needy) of the recipient country.
•The most successful developing countries have been the ones who have refused aid or who have been cut off from aid.

Another thing we could/should

Mike Wilson

This will kick you in the gut…

Foreign aid… the large majority of it is spent on sending American Contractors and ‘Consultants’ chosen for their loyalty to the current government than they are for the expertise they are supposed to share…

So the countries we say we send all this money to don’t actually get most of the money it goes to the administration’s cronies like ambassadorships… and then we wonder why countries who receive all this foreign aid do not appreciate us.

Of course any money which actually makes it through is actually sent with strings attached which the countries blantantly say they will follow but latently don’t. This is only for bragging rights of those who ‘bargained’ with these countries to fall in line with our wishes… and then we are surprised a couple years down the road when we have to pay again to get the results we were supposed to get as these countries now have a means to extort us into paying them even more to keep their mouths shut and play along.

Do away with the foreign aid and the pretenses and smokescreens all fall away and there is no way either party will allow this… unless Ron Paul wins the election by some miracle.

richard keeney

why do you think they call it idiotolgy only and idiot would believe them , the wolves are out feeding on those whom less educated ,one thing yhey don’t tell you is you start over 1st payment then you pay for thirty more years , so if you say had payed your morgage on time for fifteen years and you fall for obawa’s plan you just got suckered out of fifteen years on your interest and principle , don’t stop at go , go straight to the poorhouse all you saps whom still believe obawa

Another Veteran

Obama if he does this, he is buying votes-he thinks. There are many, many people out there who are poor whoa re going to say, “where is my benefits?” And perhaps he won’t gain as many votes as he might think. I pity the guy that has worked all his life, paid his bills on time and won’t receive any benefits. If Obama does this and congress lets him, all of them need to go in the next election. Obama needs to go regardless!

patricia

you are totally right. o sucks. buying votes is illegal. he is a perverted illegal. most corrupt, most lying, most hair dye and most unAmerican AntiAmerican ever. Americans need to throw him into gitmo awaiting execution as treasonous traitor. seize all his assets and illgotten bribes to pay off $5T debt he amassed and void all his executive unpatriotic orders. save America. restore America. get rid of all corrupt politicians.

Jackson TX

Good and concise Patricia. We have a dang reset button for almost everything these days, why not one for potus and congress?

leon ewers

There is one thing that is not mentioned here and that is Rush is an intelectual for the bankers, money changers and what he is doing here is a psycho game to get you to defend the very people that inslave you. It is a common and easy trick played on the people.

What he is doing here is getting you to defend the banksters, globalist money changes and there wealth by stealling yours. You people better wake up and smell what you are stepping in.

@ Zeek 1 day, 5 hrs ago

“Why is anyone surprised? Interest on loaned money violates the laws of Allah.”

And Jesus and most other religions. Read your bible, its the only time that Jesus used physical force and it was to throw the temple sodomites (money changers) out of the temple.

The only people that would charge interest on a loan ( money they borrowed from you in the first place, meaning they charge you a fee for you to borrow your own money) are criminals and Rush wants you to defend them which makes you an excessary (sp?) to theft, grand theft, usury, perjury, RICO statutes, and the list goes on.

leon ewers

@Zeek

“Why is anyone surprised? Interest on loaned money violates the laws of Allah.”

Matthew 21:10-12

10 And when he was come into Jerusalem, all the city was moved , saying , Who is this? 11 And the multitude said , This is Jesus the prophet of Nazareth of Galilee. 12 And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves,

The basic law against usury is found in Deut. 23:19, 20,

19 You shall not charge interest to your countrymen, interest on money, food, or anything that may be loaned at interest. 20 You may charge interest to a foreigner, but to your countryman you shall not charge interest, so that the Lord your God may bless you in all that you undertake in the land which you are about to enter to possess.

Deut. 24:14-18,

14 You shall not oppress a hired servant who is poor and needy, whether he is one of your countrymen or one of your aliens that is in your land in your towns … 15 so that he may not cry against you to the Lord, and it become sin in you… 17 You shall not pervert the justice due an alien or an orphan, nor take a widow’s garment in pledge. 18 But you shall remem-ber that you were a slave in Egypt, and that the Lord your God redeemed you from there; therefore I am commanding you to do this thing.

Lev. 19:33, 34 says further,

33 When a foreigner resides with you in your land, you shall not do him wrong. 34 The foreigner who resides with you shall be to you as the native among you, and you shall love him as yourself; for you were aliens in the land of Egypt; I am the Lord your God.

Most Christians no longer think that usury is a sin. Though the Roman Church borrowed money at interest very early in its history, it always officially considered usury a sin until recently. On June 27, 1942, the Church established the Institute for Works of Religion (the Vatican Bank), funded by the donation of Mussolini in 1929.

Most Protestants and evangelicals had already cast aside the law of God and saw no harm in usury. In fact, many justified it by a unique interpretation of Jesus’ parable in Luke 19. In that parable, the “nobleman” went on a journey and left varying amounts of money in the care of his servants. When he returned, two of the wiser servants had increased the money by trade—that is, lawful business.

However, the third servant had a warped view of his master (who represented Jesus Himself). We read,

20 And another came, saying, “Master, behold your mina [a certain type of money], which I kept put away in a handkerchief; 21 for I was afraid of you, because you are an exacting man; you take up what you did not lay down, and reap what you did not sow.”

In other words, this foolish servant did not really know his master at all, and hence he was afraid to increase the “mina” by lawful trade. Further, he accused his master of being “an exacting man,” who was essentially a THIEF, reaping what he did not sow. So the master judged this servant by his own words:

22 He said to him, ‘By your own words I will judge you, you worthless slave. Did you know [perceive] that I am an exacting man, taking up what I did not lay down, and reaping what I did not sow?23 Then why did you not put the money in the bank, and having come, I would have collected it with interest?”

In other words, Jesus said, if you really thought that I was an unscrupulous tyrant that reaped where others had sown, then why did you not just put the money in the bank in order to collect interest on the money? That way, I could have increased my wealth by robbery.

Interest on money was the equivalent of reaping where one has not sown.

This parable employs irony. One cannot take this as a command to charge interest on money. In fact, it teaches precisely the opposite. Only an unscrupulous businessman would engage in the practice of usury, because charging interest is theft. It is reaping where one has not sown. It is unlawful profiteering on other people’s labor.

But because the Church discarded the law of God, many have come to sanctify theft in the name of Jesus. Because of this, we allowed the practice of usury in our modern banking system. And hence, God put us into bondage to Mystery Babylon through the Federal Reserve Act, which put the entire nation and the Church itself into captivity.

It is therefore important that we repent of our sin and obey God by faith. If we have faith in God, we will be obedient to Him and accept His ways, rather than accept the ways of our Babylonian masters. When we repent, then God will deliver us from Babylon and establish us in true prosperity under the laws of His Kingdom.

Learn your bible or you will remain a slave.

leon ewers

From Mike Montagne of People for Mathematically Perfected Economy :

“Usury has existed for thousands of years, and may have been perpetuated by every worldly creed. Untold multitudes have died in the perpetual struggle against usury. Jesus Christ Himself was crucified soon after His famous demonstration at the temple of the money changers.

In a train of events that would eventually inspire the American colonies to revolution, a German-born embezzler, trained by his father in matters of money and trading that he could become a Rabbi, rose from a Jewish slum to become the present world’s father of international bankers. He would change his name from Mayer Amschel Bauer to Mayer Amschel Rothschild.

Mayer Amschel Rothschild and his sons — equally trained in unearned profit (usury) and its vital complements of corruption, subversion, and deceit — would comprise the House of Rothschild, intervening upon production, consumer and government altogether, to amass, at the expense of everyone but the perpetrators, the greatest forfeitures of prosperity the world could know.

From roots steeped in ferocious concepts of unearned profit, from a very need to subvert every properly administered economy, and by allies who peddled mercenary armies for the causes of plutocracy, untold blood would be spilled, untold injustice would be imposed, and by perpetual deception, usury would succeed in perpetual contradictions to truth, as authored by a seeming untouchable, inexhaustible, evil force.

By the customary accumulations of usury, the House of Rothschild would gain prominent world power in little time. Rothschild, the voracious embezzler, would form the so-called Illuminati — a pretended, exalted body of useful learning, the purpose of which, by whatever necessary means, were to make the world itself the subject of his unearned confiscations.

The people of every nation therefore would be made both the instruments and the objects of a predominate world power. Powerful nations overtaken by usury would serve to impose usury in every corner of the world. Every organization today which advocates government about a nucleus of ‘central banking’ is by intention a compliant servant of Rothschild’s prescription for usurped power, confiscation of wealth, and the extinguishing of individuality, freedom and justice necessary to his graft.

No truly free nation could exist thereafter, because these central banks would so oppress every nation from the prosperity each would achieve otherwise, that a single nation free of usury would be an outstanding testament to the crime being committed against the rest. Such a truly free nation would threaten the very existence of every central bank and usurer.

For we need them not.

Because the goals of usurers can be perceived, and because the goals of usurers cannot prevail if one important nation succeeds in achieving true economy, the present quest for world government was begun for Rothschild’s ends, at Rothschild’s command. Look around you and you will see that the central, ostensibly beneficial concept of that quest, is entrenchment of Rothschild’s purported ‘economic’ system.

In his own personal testimony to the implications of his objectives, as the American Colonists fought a revolution to throw off his first imposition of a central banking system on America, Rothschild declared arrogantly, ‘Let me issue and control a nation’s money, and I care not who writes its laws.’

Certainly not, because he would soon own every politician in the world. Thus, despite the social atrocity of debt multiplied to any magnitude, none of them who ostensibly serve their people would ever hear a plea for perfected economy.

The modern era of financial, political, social, commercial and military strife and subversion had begun.“

Thomas Jefferson speaking on the first attempt to establish a central bank in America:

“The system of banking is a blot left in all our Constitutions, which, if not covered, will end in their destruction. I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity is but swindling futurity on a large scale.”

“The end of democracy, and the defeat of the American revolution will occur when government falls into the hands of the lending institutions and moneyed incorporations.”

“If the people ever allow the banks to issue their currency, the banks and corporations which will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered.”

“Paper is poverty… It is not money, but the ghost of money.”

“There is an artificial aristocracy, founded on birth and privelege, without virtue or talents… The artificial aristocracy is a mischievous ingredient in government, and provisions should be made to prevent its ascendency.”

“The bank of the United States is one of the most deadly hostilities existing against the principles and form of our Constitution. I deem no government safe which is under the vassalage of any self-constituted authorities, or any other authority than that of the nation, or its regular functionaries. What an obstruction could not this bank of the United States, with all its branch banks, be in a time of war? It might dictate to us the peace we should accept, or it might withdraw its aid. Ought we then to give further growth to an institution so powerful, so hostile?”

James Madison speaking on the first attempt to establish a central bank in America:

“History records that the money changers have used every form of abuse, intrigue, deceit and violent means possible, to maintain their control over governments, by controlling money and its issuance.”

“It is proper to take alarm at the first experiment on our liberties. We hold this prudent jealousy to be the first duty of citizens and one of the noblest characteristics of the late revolution. The free men of America did not wait until usurped power has strengthened itself by exercise and entangled the question in precedents. They saw all the consequences in the principle, and they avoided the consequences by denying the principle.”

leon ewers

1764 Benjamin Franklin is asked by officials of the Bank of England to explain the prosperity of the colonies in America. He replies,

“That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay no one.”

As a result of Franklin’s statement, the British Parliament hurriedly passed the Currency Act of 1764. This prohibited colonial officials from issuing their own money and ordered them to pay all future taxes in gold or silver coins. Referring to after this act was passed, Franklin would state the following in his autobiography,

“In one year, the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the colonies were filled with the unemployed…The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money which created unemployment and dissatisfaction.

The viability of the colonists to get power to issue their own money permanently out of the hands of King George III and the international bankers was the prime reason for the revolutionary war.”

leon ewers

Haven’t you ever wondered about libya and why President Obama attacked them saying he didn’t need Congresses approval to go to war?
Well this blog hits the target dead center and this is why Rush is trying his best to get you people to defend the banks.

It’s My Blog WRITE IT DOWN, FILL THE PAGES…

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Why Tea Party Voters Are Returning to Ron Paul
Gadhafi’s Gold-money Plan Would Have Devastated Dollar

I know what happened in Libya

by SON OF THUNDER on NOVEMBER 19, 2011 · LEAVE A COMMENT · in EDITORIALS

Are you wondering what really happened in Libya? Does it just seem confusing to you that a band of rebels just happened to suddenly rise up and take over the country? Why was it necessary that the US and other European countries assist in this?

Well, I have the answer: Libya was refusing to bow down to the central bankers that control the currency of international exchange (The dollar) and the currencies of the major industrialized nations. Ghaddafi was in fact attempting to establish a gold backed currency for the continent of Africa. This would mean a sudden reversal in fortunes as the price of gold has skyrocketed with all of the central bank-fueled inflation. Africa could have become the richest and most prosperous economy in a matter of years had Ghaddafi been successful.

I had this intuition when the conflict first started because, as a person who researches currency issues, I knew about the movement for the African Dinar (the gold backed currency,) but now I have found an article (with references) that puts all of the pieces together:

According to a Russian article titled “Bombing of Lybia – Punishment for Ghaddafi for His Attempt to Refuse US Dollar,” Gadaffi made a similarly bold move: he initiated a movement to refuse the dollar and the euro, and called on Arab and African nations to use a new currency instead, the gold dinar. Gadaffi suggested establishing a united African continent, with its 200 million people using this single currency. During the past year, the idea was approved by many Arab countries and most African countries. The only opponents were the Republic of South Africa and the head of the League of Arab States. The initiative was viewed negatively by the USA and the European Union, with French president Nicolas Sarkozy calling Libya a threat to the financial security of mankind; but Gadaffi was not swayed and continued his push for the creation of a united Africa.

And that brings us back to the puzzle of the Libyan central bank. In an article posted on the Market Oracle, Eric Encina observed:

One seldom mentioned fact by western politicians and media pundits: the Central Bank of Libya is 100% State Owned. . . . Currently, the Libyan government creates its own money, the Libyan Dinar, through the facilities of its own central bank. Few can argue that Libya is a sovereign nation with its own great resources, able to sustain its own economic destiny. One major problem for globalist banking cartels is that in order to do business with Libya, they must go through the Libyan Central Bank and its national currency, a place where they have absolutely zero dominion or power-broking ability. Hence, taking down the Central Bank of Libya (CBL) may not appear in the speeches of Obama, Cameron and Sarkozy but this is certainly at the top of the globalist agenda for absorbing Libya into its hive of compliant nations.

Libya not only has oil. According to the IMF, its central bank has nearly 144 tons of gold in its vaults. With that sort of asset base, who needs the BIS, the IMF and their rules?

” Does it just seem confusing to you that a band of rebels just happened to suddenly rise up and take over the country?”

Who was this band of rebels?
Al Qaeda of course. Financed by who?
CIA of course, America. Why?
Read above blog. World inslavement, domination.
Babalons dreams come true, to own and control every human being.
Hu – man?
Hu = God
Man = you
Bible – man is created in his image = Hu (god) + man = godman or human.
I am afraid that these tyrants don’t have long to mend their ways and those that worship them (Rush) don’t have long either. The reckoning is coming soon so you folks better prepare yourselfs cause hell is coming to breakfast.

Joseph Hunt

When will the Congress get some “balls”, When will this “jerk” be IMPEACHED????????

Wedge

I have said this from before “It” took office. If you put all his actions through this filter, it all makes sense:

“obama is a muslim terrorist put in power by middle-eastern money to destroy the country from within”

And so sounds the death of freedom to the applause of a sycophantic media.

To quote a favorite movie of mine, “What will you do without FREEDOM !”

obama should be IMPEACHED for High Crimes & Treason, but there isn’t a pair of ballocks amoung the whole collaborating congress.

Wayne Peterkin

He has not been impeached and will not be impeached because there are nowhere near enough votes in Congress to make an impeachment charge stick. Harry Reid alone could and would block an impeachment move. While I agree with you that impeachment is justified and needed, it will not happen. There is even a good chance that this abomination could be re-elected so he can continue the “fundamental transformation of America”! That the nation could possibly even consider re-election of this charlatan amazes me! How could we possibly have sunk so low?

BUD

BECAUSE AMERICANS ARE TOO BUSY WITH
X-FACTOR, DANCING WITH THE STARS, AND AMERICAN IDOL, TO BE BOTHERED WITH WORLD AFFAIRS AND AMERICAS FUTURE.

BUD

REMEMBER: “THE BRO GOT TO GO”.
A WISE BLACK MAN TOLD ME THAT.

Wayne Peterkin

Barack Obama has been on record as having little regard for our Constitution since long before he was elected President. He has adopted policies that are blatantly unconstitutional in spite of taking a very serious and solemn oath to uphold, protect, and defend that document.

Our nation was founded on the principle of being a nation of laws, not of men. Yet Obama refuses to accept or abide by that principle.

In other words, he has committed far more egregious crimes against the Constitution and our system of government than Richard Nixon or any other former president I could name, including the perjury of Bill Clinton. Yet he is given a free pass by most of the media, almost every elected Democrat, every liberal, and most of all the U.S. Senate. I can only imagine the screams demanding impeachment by these very same groups if a conservative Republican had committed similar acts.

The hypocrisy on the left and the double standard is truly astounding

http://eaglesforamerica.com Jeff B. Willis

Actually, it might be a real way of re-distributing the wealth. This is a dangerous issue because so many people are affected! There has been a huge wealth transfer in America. A lot of very wealthy people have grown even weathier! Don’t discount the idea! Barack Obama might win hundreds of thousands of votes if he decided to “gratis” mortgages.

BUD

WITH THE TREMENDIOUS AMOUNT OF BLACK PEOPLE IN SECTION 8 HOUSING, RENTING, SQUATING, AND HOMELESS, THEY FEEL ANYBODY THAT WOULD OWN A HOME IS CONSIDERED “RICH” BY COMPARISON.
NOW IF obummer GIVES MORE MONEY AWAY FOR THE “RICH” PEOPLE MORTGAGES, THE ABOVE MENTIONED BLACK PEOPLE HAVE BEEN OVERLOOKED AGAIN. THE BLACK PEOPLE ALREADY FEEL THAT obummer HAS DONE NOTHING TO HELP THEM. FREE MORTGAGES WILL NOT BRING obummer VOTES FROM THE BASE HE EXPECTS TO GET GUARANTEED VOTES FROM, HE WILL ALIENATE THAT BASE.